Disliked{quote} Hi Guys, I have moved my protective stops up today barring my first trade which I would like to keep as long as possible. My weekly resistance 1 at 1.10803 beckoning. I do hope that bulls can get a daily close above 1.1050 as we do have a new weekly high. My next round number 1.11000 could be tested in due course. All in all positive signs for bulls, however I don't discount a retrace, correction on reversal thursday. I could enter into short scalps here, will assess tomorrow. Trade safe Cheers. {image}Ignored
So far today Eu has given me no hint of a retrace. With London closed and New York to close in 3 hrs, a possibility exists that we could close the day above my round number 1.11000 making 1.11500 a possibility. My buy trades are over stretched and I will play it as such. I will have to see how this unfolds. Anything can happen at this point.
Trade safe,
Cheers.
Trade to trade another day
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