R1 at 1.3934 providing resistance. R2 at 1.3989, if reached we will go higher.
.... and hourly showing buying strength
.... and hourly showing buying strength
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DislikedR1 at 1.3934 providing resistance. R2 at 1.3989, if reached we will go higher.
.... and hourly showing buying strengthIgnored
DislikedMorning all.
I see 3974 as the ket turning point. I'll will at 1.3950ish with SL above 3974. If we breach 3974 and stay above it for 30m I'll be buying at 3974 with SL below 3950. Adjusting position size to maintain risk etc.Ignored
DislikedMorning.
There is a down sloping channel in 1 hr which has upper resistance at 1.3970.
I will be watching that level as likely shorting opportunity for scalp.
The GU probably will determine EU today, as major decision out later this morning. If we get quantitative easing that will probably send GU down along with EU, the reverse and we see a breakout up.Ignored
DislikedI think QE is already priced in the cable. If we see no further QE it will light a fire under the cable...Ignored
DislikedAs it's priced in, if it comes it will likely be buy the rumour sell the news, i.e GU up after a short period of downmove. Either way, looking good for a buy setup later.Ignored
Dislikedit is interesting how s & p oil and gold all show dollar str... but eur/usd is just not going down moreIgnored
Dislikedit is interesting how s & p oil and gold all show dollar str... but eur/usd is just not going down moreIgnored
Disliked1 hr tracks providing some great trades so far, a couple of longs shown. Note however, that the tracks are pointing down, with sideways inner track being tested.
TheFool, rates are not going to change (that would be a surprise), it's the quantitative easing that is the question.
I'm out of longs for now and waiting for set-up.Ignored