Finally Some Action

Hey traders, how are we all? Finally getting some movement in the markets today. Sort of kicking myself as I missed a very nice trade setup on the GBP/USD. We had price action consolidation into a pin/inside bar setup at the 1.61 psychological level. At European market open, we saw an immediate 100 pip drop.

Will need to wait - the part I hate the most - for a retracement to yield an attractive entry point again.

Aussie dollar has also exhibited a triangle pattern breakout for this move and I'll be watching for a retracement into the support area at 1.028 and see if a short entry opportunity presents itself.