DislikedIndeed, I don't know if that USD/CHF is a clear level. Definitely not an A+ trade.
I was just looking at E/U and I think there is a much clearer level we are close to. See attachment-- may get a reaction if we come down to 1.3122 again.
I'm still learning, so I appreciate your thoughts & commentary!Ignored
I do know that if it continues up, I look to short at certain levels...but after the 200 point move today, I'm unwilling to try and go long, looking for continued moves up.
Maybe that's an odd way to look at things...Although I think the EUR/USD could continue up (in fact, 1.3225 is next on my watch list for shorts), I will not put money on it as we've already had quite the move today and feel that short is the way to go (with the overall trend).
Your thoughts?
Hopefully we can draw some input from some of the more experienced traders in the thread...