Thanks for your reply ... maybe daily "equilib" or so-called central pivot point (DPP) may act then as your "fair price" in that case ... according to the pivotal approach at least ...
Yes ... and of course it depends on your readiness or willingness in principle of how long you want to run your balances at risk until your thoughts maybe might be materialized or come to fruition just the way you have planned.
Currently this instrument doesn't look to me as being well suited for a longer term speculation ... but that is only me ... that's...
but for my willingness to risk ofcorse I can't risk more than what I plan to get
and I can exit if I see bad PA
which means waves within waves or some pattern that can drive pa against me or turn around and make me lose a wining position.
for the EU I see 3550- 3900 is the range so far .
but biased to the top side , I am on buy the dip mode still as I said
I am not convinced shorting or longing first break of a bottom or top in any trend
and the top 4250 didn't execute much trades .
there is something like 300 pips up there just went one day next day down with no real trading !!!
fishy to me .
usually we stay a week at the tops or bottoms if they are trend changers .
a day or 2 tops usually we at least visit them again, if not breaking them and make new highs .
but any how we will see how it will behave this week .
we will react to whatever they throw at us . its not us who move it
I SEE YOU !!
