GBP/USD went down the toilet today morning, mostly because some large players were dumping the Pound across the board. Unfortunately the buy trade left over the weekend got burnt, but the SELL following that went into +300 territory and then closed at +210 when price changed direction.

Now the government couldn’t go through with the bailout plan, the vote failed a few minutes ago. Immediate spike to the top, I hope at least some of you had some tight T/P set up for this important news event. The GBP/USD reference (investor passworded) demo account is now up to +1240 pips, fully automated! I think it’s not bad at all

Nobody knows what’s going to happen next in this mad environment, that’s why prices go up and down with a tremendous amount of force. One minute the majors are up 50 pips a minute later they’re falling sharply… Like for example GBP/USD went up last evening and now it’s coming down like it should have never gone so high or something… Interesting, I’ve never seen such high volume, the tick chart is like a seismograph during a powerful earthquake!

Update: just as I was typing this post, gbp/usd went up 100 pips in 10 minutes… Without any real reason. Oh my god…