Disliked{quote} We have to follow where the market bring us. I think for EU if it breach 1.1785 it will crash until 1.155x because by then it wouldve break the up trend.... momentum will be very big.Ignored
- Joined Oct 2010 | Status: retired | 1,588 Posts
{quote} Im thinking about the pitch for that play to happen. I think a good call for a break up might be 1.18505 and a momentum break up would be 1.1906 for 1.205x For the break down PA is confused, not a clear level might be 1.1745 to be safe. Best crosses to play are eurcad, euraud and eurjpy. I havent really thought about the crosses yet really XD
105.00 3.2bn
105.40 839m
105.50 383m
105.75 1.1bn
106.00 1.1bn
106.15 420m
106.50 399m
106.60 570m
107.03 1.3bn
107.10 394m
If 105 is the target then we get an M formation on many pairs.. and then we start to get momentum.. Like you where explaining..
If 3.2 is not interesting to them then
it just solidifies even more the movements that are to take place.. {quote} Today UJ 105 seems possible yesterday 1.4bln @ 105 area was not worth it to them.. 105.00 3.2bn 105.40 839m 105.50 383m 105.75 1.1bn 106.00 1.1bn 106.15 420m 106.50 399m 106.60 570m 107.03 1.3bn 107.10 394m If 105 is the target then we get an M formation on many pairs.. and then we start to get momentum.. Like you where explaining.. If 3.2 is not interesting to them then
- Joined Oct 2010 | Status: retired | 1,588 Posts
This one is for next month. Im bearish fan of NZD after recent RBNZ meeting guaranteed of money pump for next year. Ill load some decent short on this pair at the square and circle level. Daily trading above SMA200 and the channel so its still bullish but 4h trend already reversed NZDJPY {image}