here are the GBP charts.
Retail sales shows us cumulative selling during the spike. This is very interesting and something worth noting is that one of the data providers came out early with the wrong US retail sales data that would have triggered a sell. Ha. Very interesting. The futures markets see everything. In spot forex you didn't see this activity because you are looking at what the broker wants you to see. In a central marketplace where there is no room for error you see all the transactions in real time. You can even go back in the transactions and see where everyone was filled and at what volume. There are massive differences in legitimacy of futures vs forex. As long as you are exploiting the right instruments you are going to make money.
Post spike we see buyers enter aggressively and take the pair to daily highs.
Retail sales shows us cumulative selling during the spike. This is very interesting and something worth noting is that one of the data providers came out early with the wrong US retail sales data that would have triggered a sell. Ha. Very interesting. The futures markets see everything. In spot forex you didn't see this activity because you are looking at what the broker wants you to see. In a central marketplace where there is no room for error you see all the transactions in real time. You can even go back in the transactions and see where everyone was filled and at what volume. There are massive differences in legitimacy of futures vs forex. As long as you are exploiting the right instruments you are going to make money.
Post spike we see buyers enter aggressively and take the pair to daily highs.
It really is that easy.