DislikedDoing ok, got an EG short and a short on NZDUSD also. Posted in the Ichimoku thread. I did an EW count of NZDUSD, if we bounce from 0.7015 I could easily see it going to all time new highs :/ So basically we are back to betting on financial collapse and covering when the Fed steps in.Ignored
Nice GU bounce of 5470 area....weekly POC doing its job..stop at b/e...like the last 1.55 long trade I dont fancy its chances as I still think price wil spike toward 1.53 before reversing but just incase....will set this and leave it be.
Few longer term charts attached to clarify current position from a longer term perspective.
Stocky