Well, just came home, sit and checked charts. On EUR pairs i have missed so many pips just from m1 scalping after Draghi trend that my head hurts. Missed probably one of best trading days in past few months. Need to make ice bucket bath and cool down my overheated head from stupidity.
AUD signaling very strong bull signal, it was able to gather all dollar rally loses against other counterparts.
Today it has shown what should QE do to EUR overall when it comes. Moves at least double that. Need to wait now for Jan 1st-5th for central bank conferences updates on calendar, so shorting can be done ahead of it.
Anyways shorts on GU and EU are no brainer in next weeks, staying away from shorting AU as AUD is too strong, CAD is very strong, so is USD so UCAD is pin-pong to come. Very interesting one is gold, on major dollar rally gold was also being able to rally. Certainly there was something bullish happening behind scenes, could it be news of Netherland 122 tones repatriation? Maybe.
I think EU will reach 1.22 before QE will come.
AUD signaling very strong bull signal, it was able to gather all dollar rally loses against other counterparts.
Today it has shown what should QE do to EUR overall when it comes. Moves at least double that. Need to wait now for Jan 1st-5th for central bank conferences updates on calendar, so shorting can be done ahead of it.
Anyways shorts on GU and EU are no brainer in next weeks, staying away from shorting AU as AUD is too strong, CAD is very strong, so is USD so UCAD is pin-pong to come. Very interesting one is gold, on major dollar rally gold was also being able to rally. Certainly there was something bullish happening behind scenes, could it be news of Netherland 122 tones repatriation? Maybe.
I think EU will reach 1.22 before QE will come.