Overnight there wasn't really any dominating currencies and so far this morning maybe a bit of AUD weakness but am I too late to the ball???
Quite often find whatever the late overnight/early morning move is reversed first thing LO so not going to rush in headfirst. I'm always concerned when I first turn on my platform in the morning when I see TTs so oversold and bought at +200 levels, I still struggle with buying overbought and selling oversold markets. I know it works as we've seen but I'm just wary would rather catch em a bit earlier in the move. Trendline breaks of early moves works quite well as its usually the actual LO move which I've got a feeling happens just after LO.
Anyway no rush, its not a race is it?? Going to watch these pairs see what develops.
Quite often find whatever the late overnight/early morning move is reversed first thing LO so not going to rush in headfirst. I'm always concerned when I first turn on my platform in the morning when I see TTs so oversold and bought at +200 levels, I still struggle with buying overbought and selling oversold markets. I know it works as we've seen but I'm just wary would rather catch em a bit earlier in the move. Trendline breaks of early moves works quite well as its usually the actual LO move which I've got a feeling happens just after LO.
Anyway no rush, its not a race is it?? Going to watch these pairs see what develops.
Feel the Fear and do it anyway!!!