Today, US election will be over in a few hours time, hopefully trading gets smoother after election.
Over the weekend, I talked about selling EURAUD around 1.4790, price still has ways to go before that happens.
Right now, we are actually close to a potential long before the longer term short.
As this is a counter trend trade, I have to be patient.
The 1st test of this zone is too risky for me to go long yet.
Will be looking for a with divergence before going long around this PRZ zone 1.4120 -1.4130.
Will keep you guys posted.
Trade idea no longer valid.
Had a chat with my mentor Scott(Scott Carney) yesterday, we spoke about how we view the various markets.
I will share about what he revealed to me about the S&P index in this week's report.
Download report at absolutely no cost today!