Not in financial markets!! -" Markets can remain irrational longer than you can remain solvent" Fx Bible commandment !!
The SMC currently says long only in GU above 2685. But it is slow. So, I am done on LO. Will see NYO.
Short term target:
GU LONG
"Patience has its limits" — Miguel de Cervantes I thing that there are no limits but it can extend lower just use a longer channel
H4 simplified.... Can't simplify further... Bears are waiting for bulls until they are exhausted. Bull attempts seem hopeless, but of course we let them try, up to 1.0862-ish ...
Agree with you but lets give it a chance until late in the day - London close.
What timeframe?
Thanks you are doing fine!
Road Map... Pick Your Levels Wisely
To keep it as simple as it gets, chart below shows the currently tight but slowly expanding range we are in: Bulls can not continue while below 1.0860/90 roughly! I expect new ...
Come on snails.. you can do it ... not much left to nearest target.. double time... double time..
For me is clear down we go And the day candle confirm good rejection . This is my point of view
As a newbie, my thinking is always simple and straightforward. We getting caught up in what the Fed says, instead, we should focus on the real state of the economy. The huge debt ...
Hedge close, targets reached time for food and rest. Wish everyone happy hunting