{quote} Haha, thanks mate, also great to see your posts back here! To be honest all this economic reasoning does oftentimes not bring much forecasting power for the short-term. One can always argue both ways and in the end positioning seems to be decisive. BUT, in case you want to hear my view you are of course welcome to proceed reading..Obvisously the market wants to play it like in 2014 as rising yield differentials between US and EU point to a hawkish FED compared to a dovish ECB. YTD the US 5Y yield rallied from 0,4% to 1,25%, while...
Also many more examples of shorter moves than 2014, but still bigger then what we got up to now. Reminds us that, among other things, price can always surprise us, and planning for every scenario is crucial for long-term survival.Thanks for sharing mate !
{quote} Taking advantage of volatility in momentum, moving sl to 1.13658, securing 16 pips Possible double bottom to watch for now
If I don't mention SL and/or TP = longer-term setup possibly in the works!
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Big news can get me out of a trade beforehand, but not in a new trade... Right now, I am focused on seeing 1390, 1377 and low of day reactions. Anything looking like support forming at 1377 and above and I'd have to close my closest short. Double bottom confirmed... Surprised not to see more longs shares today.
