DislikedGood day Mr. Cloggie
What are we looking at today? Will this little range (which I can't trade/scalp) be broken when the auction news comes in? or sooner?
I have 3171/2 as number here. To the downside 3158 and up 3183. So should we watch for a Break, pullback and continuation of one of those #. Or do you have some other 'secret' numbers?Ignored
I posted earlier, in jest, 3196 is one I am watching. Not going to short this anytime soon just yet.
Spreads are dropping, even the Dutch one is, Spain is hovering back under 6, Portugal is fecked, but nobody cares anymore.
French/Italian spreads are tightening too, overall the direction from the FI boys is still up on this pair.
We had a crap Franky Fake, London was in no mood to slap it down, so I am still biased to the top side here for a while longer.
Scalp to your hearts content if you are any good at it, if not then just wait for either news, if you know how to trade that, or just wait for a range and trade the break, if you are any good at that.
Hourly and up is pointing up, the lower TF's are just a bit messy. H4 is looking for a nice turn here to negate all the crap we had yesterday. The daily is a in a bit of a consolidation mode with the sell of from yesterday so that needs a good slap up the backside to get it going either way. Yesterday fecked up the work we had done on Friday with regards the daily.