This could be a flag forming on the H4. I'm not so certain though as to take fresh positions. A tiny long might be worth it tho, just for the sport of speculation
i am not sure now what this means because recently the corelation e/u vs g/u were totally crazy. i think eur is slowly drifting south, so i am short with SL @ 2537.
we shall see. anyway i will try to exit before NFP
The UK is preaching budget discipline left and right at the moment, tho I have my doubts as to what it will lead to eventually. The government seems to be quite vulnerable, and I think it's just a matter of time until the public get really angry in the UK. I have something in mind but we'll see. I think fiscal discipline simply doesn't work in the 21st century, people aren't ready to sacrifice their lives and work 60 years just because the system demands it from them. If anything that's what this crisis will change eventually - the system.
when the breakout happens dont be handicapped by lack of volume indicator in your charts................real breakout will be with a surge of vlolumes.
The UK is preaching budget discipline left and right at the moment, tho I have my doubts as to what it will lead to eventually. The government seems to be quite vulnerable, and I think it's just a matter of time until the public get really angry in the UK. I have something in mind but we'll see. I think fiscal discipline simply doesn't work in the 21st century, people aren't ready to sacrifice their lives and work 60 years just because the system demands it from them. If anything that's what this crisis will change eventually - the system.
Ignored
I think "The System" is what is inherently wrong in the world of finance as well.
It isn't sustainable in the slightest, and "eventually" that will surely change...into what is anyone's guess.
