we have FOMS statement (i think it's in morning for u) , BOJ
at this point i have a 5 wave up and this is 5th wave a retrace to continue is due
"a spike to 1.3000 is inevitable and ultimately an overshoot to 3017"
Well it may come if it comes within this hour. 1.30 have not been tested yet.
I hope it does not come into London close.
My projection is around 1.3010 right now.
bottom formation is sHs
& with that pattern as we all know there may be Bear ( Bull ) trap after neckline broken.
in this case there may be down move & then a strong up move again ( which will be called Bull Trap in this case )
I can call 295x levels
just a thought
walker.
Well it may come if it comes within this hour. 1.30 have not been tested yet.
I hope it does not come into London close.
My projection is around 1.3010 right now.
i am no worry fomc bro trades covered are you watching ac still she on fire she about to test 0053 if break she be big brick
nobody is impressed with ur ability to weasel 3 pips per trade
The London close is not important in currency trading as most banks have 24hr trade desks open. The London close is more important to the FTSE stock market.
In currency trading its the London fix that is important (16:00 gmt+1) thats when most British banks start to settle their books.
2 times that should interest you....
15:00 and 16:00 gmt+1
15:00 is the New York cut (this is when daily option barriers expire)
16:00 is the London fix (this is when most of the British banks start to settle their daily books)
ur the one who blew his account earlier in the year ranting about shorting the euro, just before it started moving back up
nobody is impressed with ur ability to weasel 3 pips per trade
