Disliked... we are in pure technical trading zone this week including NFP and the holiday (because of Quarterly close and the M/W combo close).
....with a clean, tradable and direct play 1.082x to the highs to complete the leg1.108x with momentum line at 1.088x and strong intermediate stop at 1.098x. To the other side everything is very locked as long as 1.076x holds...Ignored
DislikedAsia killed the micro range and Europe opening run the final soft stops. 1.076x key level for the european session. Market still neutral at these levels but losing 1.076x will open for the first time since FOMC a leg down and lots of momentum till the 1.06xx handle. ...
QuoteDisliked...we may have just completed the morning session with a test 1.071x. Decent and inline european news completed so trying to look for the reverse play on previous long stops quickly otherwise need NY....Ignored
For the rest of the sessions until the calendar closes today looking for technical entries for the reverse play with wide range expected for the next few weeks on a failure to take 1.076x on todays rolls. As expected pure technical plays for this week including NFP...
Well done all bears from early this week.
sisse
Pending conversations? PM for a chat...I am mainly in OTM now