These were my thoughts from last Monday May 14 page 117 if you want to double check. Want to see how my system did???
Euro thoughts.
eur/usd, eur/cad, eur/jpy, eur/gbp
DT unless big boy interference. I will follow these pairs as sells with SL and trailing stops carefully protecting my profits and preventing any whiplash from the sudden entrance of bull fever.
All 4 did a DT at the beginning of the week as called. eur/usd, eur/jpy dropped all week. eur/cad and eur/gbp went down and then up later in the week.
eur/nzd, eur/aud are in a race to see who is the weakest. Maybe the currency euro may rise against.
eur/nzd rose all week and totally astounded me. eur/aud drifted down and then big move north.
eur/chf total waste of time unless SNB gives up its 1.20 threshold. If it does sell because there will be a stampede to the CHF for protection from Euro going down. This is exactly what the CHF does not want and are willing to go all in to prevent traders and institutions from using them as a safe haven. except for one spike move two months ago eur/chf has stayed in a 80 pip range for almost 4 months now. zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
I have never seen anything like this before but the difference between the high and low all week was less than 10 pips. Amazing
Euro thoughts.
eur/usd, eur/cad, eur/jpy, eur/gbp
DT unless big boy interference. I will follow these pairs as sells with SL and trailing stops carefully protecting my profits and preventing any whiplash from the sudden entrance of bull fever.
All 4 did a DT at the beginning of the week as called. eur/usd, eur/jpy dropped all week. eur/cad and eur/gbp went down and then up later in the week.
eur/nzd, eur/aud are in a race to see who is the weakest. Maybe the currency euro may rise against.
eur/nzd rose all week and totally astounded me. eur/aud drifted down and then big move north.
eur/chf total waste of time unless SNB gives up its 1.20 threshold. If it does sell because there will be a stampede to the CHF for protection from Euro going down. This is exactly what the CHF does not want and are willing to go all in to prevent traders and institutions from using them as a safe haven. except for one spike move two months ago eur/chf has stayed in a 80 pip range for almost 4 months now. zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
I have never seen anything like this before but the difference between the high and low all week was less than 10 pips. Amazing