The remaining SHORT hit SL at 1 pip Green while I was swimming. Staying out for now. NFP coming out.
- #15,114
- Jul 3, 2008 9:17am Jul 3, 2008 9:17am
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
Help needed in OANDA + users from Malaysia 105 replies
DislikedHere is the scenario tomorrow. Just my prediction not recommendation. For EU... highly expected HAWKISH and hiking IR. Tomorrow Euro News will cause Fiber to pricing in meaning Bullish and might go up higher during the News release. The thing is... how HIGH it can go? What happen if everything already PRICED IN?
What happen if ECB suddenly change their mind and decided to hold IR the same?... that is another story. Possibility is there since the culprit of high INFLATION not because of booming economy situation but rather the high cost of OIL.
However, after that... NFP will be announced. If GOOD NFP... wow weee... I can see the GIGANTIC WHIPSAW already whereby Fiber will FREE FALL with the surprising GOOD NFP. If BAD NFP... Fiber will continue the journey up depending on how much it has been PRICING IN.
For CABLE... I am still CLUELESS. Bias a bit on the BEAR for CABLE since I don't see yet UK Economy is doing OK. As long as CABLE below the psychological Resistance at 2.0000... the bear still having influence. Above that... another story.
Anyone else wanna share scenario possibility for tomorrow? Big Day!!!
Trade At Your Own Risk.
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DislikedYou better not blaming me If CABLE and FIBER suddenly shoot up
Still got more news coming out... and the DJI performance after confirming itself in the bear market yesterday. Let see in about half an hour time for NYSE to active. Will DJI submerge from the BEAR Territory?
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DislikedWhen I first found out that DJI officially confirmed in the BEAR MARKET... I straight away SHORTed GJ because expecting RISK AVERSION psychology later on.
My SL about 130pips away... which is well above the weekly Pivot. Looking at a higher TF... I noticed that GJ had tested the same RESISTANCE level for 5 times on H4 chart. Very important level that is. Since it failed on the last attempt... I am expecting a move down very likely.
T.A.Y.O.R.
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DislikedWatch this... priced in... n channel does not broken.. will place PO around resistance level...
placing one PO for buy stop around 1.9860...
T.A.Y.O.R!!!Ignored
DislikedAnd then... the BULL appear. Will it be strong enough to get back into the BULL Territory?
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Dislikedstill stare on the last candle on gu will it break the yellow line or not!!!got another 18 min.
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