DislikedThanks for the explanation grashid, being not as experienced as you, you're prob. right but what I see:
1. any daily close yet: no not yet but LTL is very near and agree it's a little like trying to catch the falling knife
2. Gold: I agree not helping but there are more factors then Gold alone.
Commodities-bull still roaring very strong
3. 81.50 still a critical level for USDX we need a little time for this...Ignored
what ever type trader u r...scalp/intra/swing...even u have huge margin that should be no the right place for any long unless scalp with small profit ~ 5-10pips.
today is monday open n usually price will trying to continue from last week movement to test low back....
in order to scalp/intra we should play between 0.998 and 0.988....
0.998 = short
0.988 = small long for this retracement until we have some flag from today close then we may hold this position by locking some profit right?
USDX yes u r right, i am watching that as well, but i am more interested to start my medium term trade by tomorrow or thusday and not today definetely...
just small short position on AUD n GU while AU done n waiting for another set-up on GU later....
just my 2 cent...
g