I only see EU heading to 1.50 and me drinking beer
but in 1 h we have news
if we are above expectations by 2.5 points we will see 1.50 on EU today
1.51 is the limit then huge drop
on GU the same if we are 2 points above the prediction we go up some 50 pips more from the prenews level
if below the prediction....down again to the bloody 1.6460 line
i banked half profits @6565
reason:
my 'trading rules'
rule #10 : if you are uncertain of a position and/or near big news, close positions @daily pips target (90-110 pips)
so, banked 60 + 30
only left a 30% of 6490 buy position SL now 6498
if goes down im safe and possible scalp short
if goes up will have a lot of time to add positions tomorrow
am i missing something?
I'm missing my 1.6577 level since yesterday
I hope a spike on the news will sort that out
I will also sell @1.6580-85
i forgot about your yesterday's call!
I closed my long @ 1.6571
still I will open a long on pullback
I'm happy anyway on GJ
100 pips on this move so far
The Dow is down and investors don't like bad figures. If it continues to fall the dollar will gain strength because equity paper becomes cash, effectively buying the dollar. Please don't trade off this observation, unless you yourself are sure, as I am merely expressing a possibility.
