Hi everyone!
On last week was many events and very high volatility, but at this moment we almost on the same levels as and on 4 july, where i gone on vacation
About this week.
After rush up on past week market stopped to decide what next. I thought - what are we waiting for? And BINGO! Market wait wednesday and thursday - Bernanke's speech. All very tangled in his speeches and on market. And we have to work with this.
Work on Global + Heiken on D1.
On pound we identified symptoms of changing tendency to buy, but it not confirmed yet. It will be confirmed when we broke and retest high of 11 july. It's levels 5220. Comeback to low - broke 4811 and hold lower.
Very wide range for define tendency. But here also possible to work.
Variants:
1. Buy-stop 5220 + 10-25 pips (You can set SL, but i don't know where)
2. Buy-limit from area 1.4962 (Ladder up from 11 july). If you will use big lot - then necessarily to set SL!
To open orders from current levels - not good. Open sell? Not good idea too.
So wait
Have a good week!
On last week was many events and very high volatility, but at this moment we almost on the same levels as and on 4 july, where i gone on vacation
About this week.
After rush up on past week market stopped to decide what next. I thought - what are we waiting for? And BINGO! Market wait wednesday and thursday - Bernanke's speech. All very tangled in his speeches and on market. And we have to work with this.
Work on Global + Heiken on D1.
On pound we identified symptoms of changing tendency to buy, but it not confirmed yet. It will be confirmed when we broke and retest high of 11 july. It's levels 5220. Comeback to low - broke 4811 and hold lower.
Very wide range for define tendency. But here also possible to work.
Variants:
1. Buy-stop 5220 + 10-25 pips (You can set SL, but i don't know where)
2. Buy-limit from area 1.4962 (Ladder up from 11 july). If you will use big lot - then necessarily to set SL!
To open orders from current levels - not good. Open sell? Not good idea too.
So wait
Have a good week!
Hello!
GBPUSD
Yesterday's signal to sell worked very weak. Today balance again at down and signal to buy from TST indexes. All this can give ideal scenario: descent on today's balance and rebound (maybe continue of growth after this). Not ideal - rise from current, or broke balance and fall deeper, then will watch where he going. Maybe - on Ladder up on 1.49. For me - need to go somewhere, no matter which side. Because read "summery" bulletins it's mockery, i'm joking of course
USDCAD
Canadian slowly descends with upper balances. This is - upper debts on Global.
I keep profitable sell, and in case of jump to upper balances - will add to sell. If we fall deeper - work by Global (partially close on center and so on).
EURUSD
Very hard to define scenario today. Too chaotic data today.
GBPUSD
Yesterday's signal to sell worked very weak. Today balance again at down and signal to buy from TST indexes. All this can give ideal scenario: descent on today's balance and rebound (maybe continue of growth after this). Not ideal - rise from current, or broke balance and fall deeper, then will watch where he going. Maybe - on Ladder up on 1.49. For me - need to go somewhere, no matter which side. Because read "summery" bulletins it's mockery, i'm joking of course
USDCAD
Canadian slowly descends with upper balances. This is - upper debts on Global.
I keep profitable sell, and in case of jump to upper balances - will add to sell. If we fall deeper - work by Global (partially close on center and so on).
EURUSD
Very hard to define scenario today. Too chaotic data today.
