{quote} Hey brother, would you be so kind as to write an abstract next time which summarizes your post below?Not sure if I got the essence - I understand that you are mostly long, but at the same time you don't believe that 1.2060-80 is reached anytime soon, correct? Or were you referring to 1.1960-80?
Hi Nic, Ive read my post just for you
. Cannot make it any clearer. If you go back and take the whole content of that sentence into consideration(where I talk about how 30 could react), it is clear I am talking about 2060s-80. Call me the riddler
! So I Hope you have solved that puzzle ! So yeah, joke aside, clearly we are in the 1.2....Also, remember, as I posted it, price had not broken 33 yet. I work with probabilities. Before this last move, probabilities were still on the side of 30s resisting, and 60s never being reached anytime soon. Now, it is another story. Straight to 2070 is more likely than straight back below 2020s. And who knows how that will evolve. That is why I always prepare for every scenario.
Also, remember I am factoring in the longer term(all in my older posts), but commenting mostly on the shorter term...
Hope that helps.
.... I doubt it will get to the important 60s-80s soon or even at all, but am always preparing for anything as usual. Am watching new setups developing already from now to 30, and depending on how 30s-40s reacts, from now to 80s. Being extra careful now as 33 could have strong rejection. Just got a long open at 20249 as I write this. Moved at BE the second 33 is hit, if hit. All probably coming to an end at lastjust flying by, take good...
If I don't mention SL and/or TP = longer-term setup possibly in the works!
. But in the meantime, its trading as usual!
.
, could be good for another long entry.
