DislikedUCad:
Entered EL1 = 0.9743, SL = 0.9725, and TP = 0.9783. I am trying this one again, w/o moving SL to BE+ too soon.Ignored
Added EL2 = 0.9733, and temporarily lowered SL below previous PA lows, just in case the market manages a final whip in their drive against USD before the buying surge takes over.
A battle is going on between bulls and bears (0.973x area right now on UCad). I suppose this is true on other pairs too. You can see from the P/V relationship what the market is doing. It is driving hard against USD. And buying hard the further it makes progress. I am certain from this P/V action that the market is anticipating a surge in USD later, and is gathering it up as cheaply as possible (all related pairs) before news comes out.