There is never just one single price direction for very long in the Capital Markets. Here we have a perfect example. The SPX500 is due a new historical high, and it will fall in time nicely with the retrace due on GBPUSD. I am wishing hoping and praying for a price of 2120 or above to get shorts onto, for once we touch heaven it will be back down into the depths...
Don't lose out, don't try to get too clever. The direction right now is DOWN to fill the void of the recent spike. Will the UK stay or leave? Don't know, don't actually care. All that matters is that we monitor and FOLLOW the patterns of price. Should the UK remain hit the reverse upward trend as of tomorrow when the referendum is done. Should the UK leave keep...
Does it get any better than trading on EURUSD on the NFP Friday? With such strength within the US market and such instability within the European sector we strongly recommend you get in on this action today. Short term signals are very SHORT based. Everything long term from end of day and end of month is all LONG. Get in touch for more banter!