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FX Analysis

Fed cruels the trade. Results – day 14

The Five Minutes a Day Trading strategy took a loss overnight, and we’re blaming the US Federal Reserve. After a quiet European session the release of the Fed’s interest rate decision sent EUR/USD ripping higher, triggering our sell order then blowing through our stop loss level almost immediately afterward. However we remain undeterred and will be back at 5 pm today to continue with our trading plan.

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