tricky one for me today. made a bit and gave it away. I still see a reasonable chance of a rise today. I really wanted to sell it from higher. we're on a reasonably good overnight supply base on dollar. maybe we have the makings of an ABCD type arrangement here on the 79% pb for a move higher. not a pattern I trade but I see lots of cases for both sides. could see dxy move up to thurs NY high. Mondays never my day really, leave it and come back tomorrow I reckon. My dream arrangement would be another punt up above todays high then drop but not filled with confidence today. there's some signs of accumulation so i'll give it a punt with tiny lots but i'll back off if it looks like its in trouble.. But I think Tues us my day to strike
So i'll give my best guess as a further rise up to 1.2258 then sell of to 1.21
funnily enough it was a setup i used to trade years and years ago, TL bounce combined with SnD which gave the morning long, like a classic bull flag breakout, stopped using it a long time ago. There were quite a few signs to get out of the short but not enough for me to take the long
So i'll give my best guess as a further rise up to 1.2258 then sell of to 1.21
funnily enough it was a setup i used to trade years and years ago, TL bounce combined with SnD which gave the morning long, like a classic bull flag breakout, stopped using it a long time ago. There were quite a few signs to get out of the short but not enough for me to take the long
5