In just a few hours Gold dropped 500+ pips today. Why? Some chairman in the US spoke and the world shook.
After a shock like that it is no point in going in to a trade since the market might or might not try to regain what it missed. It could be erratic. Too much like gambling.
So I stayed out... (except for a small sin early on. Not worth mentioning. OK. -17 pips at half normal size.)
So, the good link? www.forexfactory.com is full with what you want to know.
Here is a picture of today:
Forex Factory... if you want to know... |
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