Forex Market Trading May10 Aftermath

Forex Market Trading May10 Aftermath - Hi all, first of all I wan to apologize for not posting this sooner. I had some technical problems that were out of my hands. Here's the Forex market trading aftermath. -The Fed raised the interest rate to 5%, a move expected by all. With a little more hawkish tone, or rather keeping it's hawkish tone all in an attempt to stop the dollar sell-off. This attempt seems to have failed for the time being. The dollar rally was short lived, the eur gained 50 pips and gbp 180 pips.

Here is my trade after the news, I took a ZLR on gbp 15 min chart.



That's the results for Forex Market Trading for may10.