news will be a perfect opportunity to draw the line between bears and bulls trade smart
M Tostadito!
Good Morning Pedro !!!
I dont know how accurate the Cleveland Fed inflation nowcast is but they have the CPI y/y at 3.5% v 3.4% est. url I would expect EU to drop a bit if this is accurate but we ...
EU Close to strong weekly resistance (nevermind the other tfs) and we have reversal pattern H4 Gold Taking profit is a nice thing to do, nothing has changed but pullbacks do ...
Forex is all about patience and discipline. If this was not the case we would not have 95% traders losing money.
Be prepared for a slow and bloody trench battle, it sometimes happens before such red news, better to watch from the sidelines and wait for the right time)
I think the euro can go test that early april high which means the gbp may test that 1.27. best.
i really dont know, just there is a possibility because important news can act as a magnet. i stay in my shorts but don't shoot all the ammunition in case it overshoots.
Reposting my H4 chart from last week as a technical story teller: Candles never opened below my GREEN 39 wma line, only a mild piercing. Often stop hunt occurs before reversal and ...
EU For the ones who attended the webinar...this was the scenario I was looking for. H4 Inverse H&S failure, this is now imminent.
EU Best R:R for shorts by far. If there are more pops I will be selling, the higher the better.
I will short this IF price touches 1.08285... OR IF H1 candles close below 1.0816... No rush!
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