Hi guys,
Crazy up & down action going on
Some of you might have caught the sells at the top... well I was still sleeping - I really should get up earlier, but today I couldn't, since I will be working tonight, so needed to sleep until late.
Around 1.5800 in GU, I was trying to figure out if it was absorbing the sellers, or drying demand... took the wrong side, bought and lost 18;
It was then clear that sellers were still there and winning, I could now see the weakness, so as soon as it came back up, I sold, and held it for 32 pips.
I'm not sure if I'll be around at NY opening, but surely won't place any trades before that anyway... price action looks dangerous
Crazy up & down action going on
Some of you might have caught the sells at the top... well I was still sleeping - I really should get up earlier, but today I couldn't, since I will be working tonight, so needed to sleep until late.
Around 1.5800 in GU, I was trying to figure out if it was absorbing the sellers, or drying demand... took the wrong side, bought and lost 18;
It was then clear that sellers were still there and winning, I could now see the weakness, so as soon as it came back up, I sold, and held it for 32 pips.
I'm not sure if I'll be around at NY opening, but surely won't place any trades before that anyway... price action looks dangerous