BIG PRIZE TARGET IS STILL 1220-1240, CAUSE IT'S A STOP LOSS CLUSTER, BULLS WILL TARGET THIS LEVEL NEXT 6-12 DAYS.
HEY GUYS, DETAILED COMMENT SEE CHART. JUST KEEP IN MIND THAT MOST LIKELY WE GET REALLY LOW VOLA ON FRIDAY, BIG BANKS WROTE 10 BLN USD WORTH OF OPTION INTO MARKET
THEY WILL COLLECT PREMIUM AND KEEP SPOT RATE UNCHANGED. THAT'S A GREAT GAME FOR THEM. BIG BANKS DON'T TRADE SPOT MARKET THEY COLLECT OPTION PREMIUM DAY IN DAY OUT.
TO BEAT BIG BANK AND ALGOS YOU HAVE TO PLAY SMART. DETAILS AND IDEAS - SEE CHART.
MY OVERALL OUTLOOK IS BULLISH FOR EURUSD NEXT 6-12 DAYS. HAVING SAID THAT IT DON'T MEAN THAT YOU SHOULD JUST LOAD THE BOAT AT CURRENT PRICES.
WAIT FOR DIPS AND BUY NEAR RANGE LOWS IF YOU CAN HOLD FOR 6-12 DAYS AND DON'T MIND THE NEGATIVE SWAP IN EURUSD.
YOU WILL GET PAID, JUST WILL TAKE MORE TIME TO GET THERE.
GOOD LUCK, TRADERS!
HEY GUYS, DETAILED COMMENT SEE CHART. JUST KEEP IN MIND THAT MOST LIKELY WE GET REALLY LOW VOLA ON FRIDAY, BIG BANKS WROTE 10 BLN USD WORTH OF OPTION INTO MARKET
THEY WILL COLLECT PREMIUM AND KEEP SPOT RATE UNCHANGED. THAT'S A GREAT GAME FOR THEM. BIG BANKS DON'T TRADE SPOT MARKET THEY COLLECT OPTION PREMIUM DAY IN DAY OUT.
TO BEAT BIG BANK AND ALGOS YOU HAVE TO PLAY SMART. DETAILS AND IDEAS - SEE CHART.
MY OVERALL OUTLOOK IS BULLISH FOR EURUSD NEXT 6-12 DAYS. HAVING SAID THAT IT DON'T MEAN THAT YOU SHOULD JUST LOAD THE BOAT AT CURRENT PRICES.
WAIT FOR DIPS AND BUY NEAR RANGE LOWS IF YOU CAN HOLD FOR 6-12 DAYS AND DON'T MIND THE NEGATIVE SWAP IN EURUSD.
YOU WILL GET PAID, JUST WILL TAKE MORE TIME TO GET THERE.
GOOD LUCK, TRADERS!
Right now it's just an opportunity for big banks to grab excess liquidity and take your money from you.