Well Dollar Buyers Piled back in with positive Jobs data. Eurusd returned back to the bottom of the range for the 3rd time in 2 Weeks. Our Daily Levels being 1.097 and 1.095. Quite the week for Swing traders and Scalpers playing the range.. Like who cares about breakouts anymore 😂. We were anticpating this data to take us out of the range and up to 1.115 but that is for another day.
The Weekly candle will either Pullback up or continue dropping to end the week. It appears that we may be going to correct the NFP release at 1.10111. This occurs a majority of the time. The timing can be quite tricky however. I've seen it take 2-3 Days or 2-3 Trading Session or even 2-3 Hours. Yes, or even less than an hour. Either way have a great weekend.
No trades today because
the sum of my Previous 5 Friday's
were
profitable BUT only on 20% of the days.
I had a Big Friday in Late March which brings the sum
of my recent Friday's to a positive.
If I had traded today I would have done well.
But as mentioned previously the majority of Friday's
are a Small Loss or Break even. It's Friday and even though I'm overall
up on the sum of my friday's, I would rather save my energy and go enjoy the weekend.
This doesn't mean that I can't still watch the charts. I did.
I had a B.E. week. It's better than a Losing Week!
Another week of experience under the belt. Safe Trading.
The Weekly candle will either Pullback up or continue dropping to end the week. It appears that we may be going to correct the NFP release at 1.10111. This occurs a majority of the time. The timing can be quite tricky however. I've seen it take 2-3 Days or 2-3 Trading Session or even 2-3 Hours. Yes, or even less than an hour. Either way have a great weekend.
No trades today because
the sum of my Previous 5 Friday's
were
profitable BUT only on 20% of the days.
I had a Big Friday in Late March which brings the sum
of my recent Friday's to a positive.
If I had traded today I would have done well.
But as mentioned previously the majority of Friday's
are a Small Loss or Break even. It's Friday and even though I'm overall
up on the sum of my friday's, I would rather save my energy and go enjoy the weekend.
This doesn't mean that I can't still watch the charts. I did.
I had a B.E. week. It's better than a Losing Week!
Another week of experience under the belt. Safe Trading.
