Pending Long 0809 and 0813, until Fed rate
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LIVE Trades Only : EURUSD & GBPUSD 122 replies
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DislikedToday marks the end of the month and it's also FOMC, so as such we should expect unusual volatility as the bank would like to balance their books for the month. Technical view 1. We took out the lows of yesterday, thereby giving bears upper hand. 2. Yesterday closed bullish as anticipated but we couldn't reach 1.09016(bear power) 3. We are currently trading a ranging pattern I.e bull bear, bull bear on daily and as such it's the turn for bears. 4. My daily and 4hr bias still screams sell so I have a sell limit @ 1.08514 if we get thereIgnored
DislikedSome news to watch next are, ADP & Employment Cost Index. They can move some pips the market, but not so significant!Ignored
Disliked{quote} Todays releases can stop the strength of usd, but not bring it down, yet Powell will have the last say, watch he can be more hawkish this time!Ignored
Disliked{quote} Tp reached, wait for a return to 38.2, refine another entry for a possible second leg!Ignored