Now i am strongly U/CHF long. Who has money, go! help to put that overbought Swissy where it should be
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DislikedNow i am strongly U/CHF long. Who has money, go! help to put that overbought Swissy where it should beIgnored
DislikedOtoh, G/U provided a nice swiming conditions since yesterday; I managed to squeeze some pips out of it :-) A little bit scary volatility, but still...
PlamenIgnored
DislikedFind a comfort zone by maybe cutting size.
Also watch the greed scorpion as the markets still feel thin.
This volatility should pass.Ignored
DislikedIt depends what TF you are refering to.. From M5 up to D1 you have all kind of patterns. One thing is for sure - BOJ is determined to keep JPY low as much as it can. Patterns don't play any significant role in this situation, at least not enough to activate enter/exit/whatever triggers.
Here again fti is correct: just swim and maintain high situational awareness!
PlamenIgnored
DislikedIt wasnt a question...
- hmm, i must be self-critic... it was a question estimate 80%....
But on the other hand... Plamen, you are too nervous with your statements about "not taking trades".... thats dangerous.... Opportunities were, are and will be... regards.Ignored
DislikedSome wild moves today too....
It's definitely wise to cut size these days.
For the guys that have been trading/dancing longer. Do you think this volatility is resultant of great uncertainity or not so much by this, but by the thiness of the markets during august?Ignored
DislikedYou know: "Bulls make money, Bears make money, Insiders make money, Pigs... well, they are ... trying to catch the falling knifes" :-)
PlamenIgnored
Dislikedyep, thanks.
E/u seems to still be in a vacuum, staying nimble.
rgdsIgnored
DislikedThank you, I realize that the interplay is outside my use and understanding at the moment, but on the surface would I be correct in this scenario,
This morning if I felt that the $ Bull was coming on, I would see his foot print in the Pound first and with bigger legs as EUR/GBP was climbing which was seen in both the E/U and G/U charts.......... Pound was making new lows, Euro still holding range.
I should have been short Pound.Ignored