Hang Tight bunch of news and hand holding got us at standstill. Good position to be in
Been UP all day lets follow the leader...
After a nice win yesterday, the market fell right back into its range... decisions decisions decisions
Technically we are NEUTRAL with the market in the middle of the range. I want to push it theme somewhat, so we look at a 1-1 risk/reward trade.
Looking to SELL for the day ...
I love to trade just not on Friday.. So I will wait to after lunch and see what the market has revealed
That tricky market.. Decides t make moves when we can't join in.. No problem the music never stops. We will be dancing later in profits. So we do our usual and wait with the patience of a spider... I am looking LONG since there has only been BUYING going on. We will wait for a steep decline, monitor the behavior and then make an assessment of whether a high...
News all morning.. We will stay on the sidelines. Market moved as we thought. Weak Buyers and we still SELLING off of the HIGH's While the news is happening I'll take a binary option trade if there is a high probability opportunity to do so.
Today has been all about the Sell-Off. Big declines on the pound overnight. Let's continue with the current theme. I suspect a Bull rally to climb up to at least 1.2984 maybe 1.2987 .. The market will definitely find some large inventory at 1.3000. This gives us some points of interest to work with. As always market behavior will dictate our trading responses.
GBP/ Looking at the Weak Bullshish behavior...as Buyers struggle to gain control after the Earlier 100 pip rally. Our bias is SHORT however looking to possibly BUY on the strength 1.3030 depending on the price action at the level. As ALWAYS we are flexible in our perspectives of WHAT the market can do. It only takes 1 tick to change a trader's opinion. ...
Early Sunday and we are just peeking at the market. I have 2 areas of Interest. They are price levels 1.3050 region and the 1.3000 price level. At these points we should be able to get a glimpse of WHO actually wants to sell & buy. Before we as retail traders can make any decisions we need to KNOW what the institutional money wants to do. The 1.30 & 1.305 price...