DislikedI’m sure you’re a nice guy and apologies if my pm offended you. Let’s move on and make some real pips.
p.s. I’m not sure if I ever wanted to visit Romania again .
Last time, I was traveling through it on business in 1987, got a heavy brick come through our windshield. No one was injured, but a guy couple cars behind us ended up with a brick on his chest…..that scenario repeated 3 more times until we finally reached the border.. You guys liked to play dangerous games back then…Ignored
Back to FX, I am in counter trend trades for AU(short) and Usd Cad(long) as well. Traded these using Fozzy crosses on 4 H. Using Jacko's idea, I assume there should be a good short for USD CAD at 0.9800 which is 50% of the last move down. The pair formed 2 Dojis at this level, which should have signaled a resuming of the downtrend, but the price seems still bullish and no Fozzy bearish cross yet. I will look to enter short as soon as I get confirmation from Fozzy. 0.9800 - round nr, 50 % retracement - seems like the perfect scenario.
For Aud Usd, I dont have a scenario for going long yet, so I will stick with my shorts.
About the EU, if the support holds and I get a bullish fozzy cross on 4H, I will buy at 1.4200 tomorrow in London.
P.S. If you guys think that talking about Fozzy, Usd Cad and Aud Usd here has no relevance to this thread, let me know and I will concentrate only on Euro using Jacko technique.
We leave no soldier behind.