Failed to breakout Oct's high.

We pulled back little on EUR/USD, ES is down 3.5 points as well. As you can see from the chart, it's bouncing from the 62% fib line.



The reason for the pull back? GBP.

* 10 Nov 09: 05:11 GBP/USD Flows - GBP dives from 1.6745-50 to 1.6667 on Ftich warning of UK AAA status

Cable dives to day lows of 1.6667 from 1.6745, EUR/GBP Jumps to 0.8982 highs, on Fithc warnign UK most at risk of losing its AAA status, Germany the least. More next.

GBP dive 150 pips in 15 minutes after the news.



I have a short order at 1.4974, with stop at 84, the order is stopped out in 2 minutes. another order at 4982 stop at 4992, see how it goes. My max limit is 20 pips.

Both position stopped out.
-20 today.