I will get my head around this, but always can be wrong
{quote} Thnx anyway and although it is Sunday night (here in U.S.) with much of our news media not at full staff I'll wait for something a little more than somebody retweeting what somebody else retweeted what somebody else ...... Might also why there is no reaction. No confirmed news of the attack (yet) or maybe .... no attack that can be confirmed. Wouldn't be the first time Twitter is used for a false alert.
Aussie news Monday Morning
- #75,445
- Apr 8, 2018 9:23pm Apr 8, 2018 9:23pm
- Joined Apr 2017 | Status: trying to make money | 3,341 Posts
Don't Worry Be Happy
- #75,446
- Apr 8, 2018 9:28pm Apr 8, 2018 9:28pm
- Joined Jun 2013 | Status: enjoying life | 23,868 Posts
- #75,448
- Apr 8, 2018 9:32pm Apr 8, 2018 9:32pm
- Joined Jun 2013 | Status: enjoying life | 23,868 Posts
- #75,449
- Apr 8, 2018 10:34pm Apr 8, 2018 10:34pm
- Joined Apr 2017 | Status: trying to make money | 3,341 Posts
Don't Worry Be Happy
- #75,450
- Apr 8, 2018 10:48pm Apr 8, 2018 10:48pm
- Joined Jun 2013 | Status: enjoying life | 23,868 Posts
- #75,451
- Edited Apr 9, 2018 1:19am Apr 8, 2018 11:13pm | Edited Apr 9, 2018 1:19am
- Joined Dec 2008 | Status: Home School Map Maker | 1,192 Posts
Ill likely sit out till at least mid week since I dont see much. Maybe some scalping using RSI.
Now typical disclaimer I am a total noob so feel free to call me one and tell me why my thought process is wrong.
What I see (And im still of the opinion I had late March) is that the down trend has ceased for the most part. It may just be a consolidation before going lower but I just dont know.
Ill be looking for shorts around 107.5 with tight SL. 107.5 seemed to have some very strong resistance last week and if its able to break it I think it will go up a fair way.
On the low side ill look for a buy high 105's with a SL 105.3
I'm thinking the 23 March low at high 104's was a false break OR I have my trend lines going the wrong way and last weeks high was a false break
Now typical disclaimer I am a total noob so feel free to call me one and tell me why my thought process is wrong.
What I see (And im still of the opinion I had late March) is that the down trend has ceased for the most part. It may just be a consolidation before going lower but I just dont know.
Ill be looking for shorts around 107.5 with tight SL. 107.5 seemed to have some very strong resistance last week and if its able to break it I think it will go up a fair way.
On the low side ill look for a buy high 105's with a SL 105.3
I'm thinking the 23 March low at high 104's was a false break OR I have my trend lines going the wrong way and last weeks high was a false break
- #75,455
- Apr 9, 2018 7:08am Apr 9, 2018 7:08am
- Joined Apr 2017 | Status: trying to make money | 3,341 Posts
Don't Worry Be Happy
- #75,456
- Edited 7:54am Apr 9, 2018 7:15am | Edited 7:54am
- Joined Dec 2013 | Status: Trader | 1,942 Posts
Learn, a forex trader must, unlearn and relearn he will.
- #75,458
- Apr 9, 2018 8:41am Apr 9, 2018 8:41am
- Joined Apr 2017 | Status: trying to make money | 3,341 Posts
Don't Worry Be Happy
- #75,459
- Apr 9, 2018 8:47am Apr 9, 2018 8:47am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts