Today I reached 600k trader contest for the first time, thanks to my previous prediction about a USD/JPY correction. I did then act somewhat sub-optimally during the rapid spikes around 2:30-3 GMT. The problem is a mixture of insufficient time to think, and that predictors which are normally valid are not necessarly valid during times of very high volatility. Rapid spikes are the most important aspect to prepare for, as you simply don't have time to think.

Today's predictions remain mostly the same – EUR/USD bearish, USD/JPY bullish. I confess that my GBP/USD breakout prediction didn't happen - I'm not completely infallible! Fortunately I was too busy with other pairs such as USD/JPY to go long GBP/USD. Now GBP/USD seems to be forming a downwards triangle, and might crash hard, although probably not as hard as the euro.

Downward triangle and failed breakout? I'm far more confidant in USD/JPY, but I'd now guess this is is going down.
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