Today was another confirmation that technical analysis does work. The USD went up on the news and created some profits for those who were prepared to capitalize on the move.
The results of trades today were as follows:
GBPUSD: although the trade was correct, the wiggling of the price made me uneasy and I closed this trade for a small loss of -24 pips.
USDCAD: profit targets one and two were reached nicely and the 3rd unit was closed on a trailing stop at 1.1078 for a total profit of +22+32+66 = +120 pips
The total profit for the day was: +96 pips