Back from holidays, catching up on stuff. It's been a frustrating day, Several CZ's in play on my charts, havent done a pic of all of them. I got stopped out on 2 trades on gbpchf today which has stung me for 2%, fortunately things have moved on others such as audusd, euraud, audchf, eurnzd (yesterday) & gbpaud, not a good day for the aussie, but not a bad one for me, i've had a lot worse.
FH - I'll have to read through again to make sure, but from what i read, is that when a lengthy period where there are no cz's occurs and then you get several 'congested' CZ's the implication is that a series of 'stairsteps' is the pattern likely to follow?
Oh how i'm aching for CZ's on my jpy charts. Theres been 2000+ pips movement (entry to high) since the last ones formed going back all the way to the beginning of Feb.
hxt
FH - I'll have to read through again to make sure, but from what i read, is that when a lengthy period where there are no cz's occurs and then you get several 'congested' CZ's the implication is that a series of 'stairsteps' is the pattern likely to follow?
Oh how i'm aching for CZ's on my jpy charts. Theres been 2000+ pips movement (entry to high) since the last ones formed going back all the way to the beginning of Feb.
hxt