Lou Vincii Code
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DislikedHello Guys, price is obviously stuck in the confines of 1.21 and my expectation is for price to attain 1.2240 area before some deep correction... In the second thought, this week opened at 1.2085 and hasn't sold below 1.2083 (2 pips drop only), this scenario usually drops back to the weekly open and break it down 70% of such scenario. So if expected weekly range is between 250 - 350 pips, we may make use of the below simulations 1.2240 - 250 pips = 1.1990 1.2300 - 250 pips = 1.2050 From the above, it shows that even if...Ignored
DislikedHello Guys, price is obviously stuck in the confines of 1.21 and my expectation is for price to attain 1.2240 area before some deep correction... In the second thought, this week opened at 1.2085 and hasn't sold below 1.2083 (2 pips drop only), this scenario usually drops back to the weekly open and break it down 70% of such scenario. So if expected weekly range is between 250 - 350 pips, we may make use of the below simulations 1.2240 - 250 pips = 1.1990 1.2300 - 250 pips = 1.2050 From the above, it shows that even if price reaches as high as 1.2300,...Ignored
Disliked{quote} You are Good i Pointed out the Lines i saw Logical.. Great i loved it George, yes USDX in not showing signs it was in Previous CPI, but that can Change Tomorrow, for BULLS are IN USD will get Stronger n LONDON and even in US session, at least that whats the data showing on COT Report (Commitment Of Traders) i got.. from Yesteday 34% to 46% today. is not much but trust me it is Showing we will never see Sudden fall in USDX. atleast Today.. but Hawkish Powell may know something we Don't right? that can't be that Hawkish unless they have Inside...Ignored
Disliked{quote} That is not Nacesarily True, you can Make 100 pips from one trade in USDMXN and USDZAR even today is good fro USDNOK and USDSEK both can go up 1000 pips easy, yesterday was 1300 pips from in USDSEK. but to trade those pairs you must have enough Experience about USDX and Their economy which most here dont even think about. i traded and still do sometimes maybe once a month, and believe it or not i am still thinking to trade a micro lot just to see if i am right and van get 5,000 pips from USDZAR and USDNOK USDSEK. GOD is always playing CHESS...Ignored
DislikedAs long as USDX stays in this 27 pip range, there is nothing for me to do except wait......and drink coffee!{image}
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