There's little going on. That's why it's difficult to read. Aussie has a little breakdown-continuation. Usually better to just take days like these off. Let things redevelop after a good move.
Based on what? Maybe it's better to just let the market decide. After all, it's showing lots of weakness. A retracement? Let's hope so, so we can short it. I'm expecting more of a small range after the fireworks of last week.
Yes. But as I grow, and when I'm relaxed and focused(meditation), I can see it in my head, see both sides without having to have a position. But I know exactly what you mean.
Well it was earlier, in the very short tf. Also, in retrospect it appears I've been seeing things which weren't necessarily there all day. I'm going to blame being tired, and rusty from not trading. Yes, you're right, it's still flat.
Just like to point out that the dollar is down now in Asia, and it's not a retracement from an up move. It's had many chances recently, failure at 1.1730 EUR on of them. Aussie, Nzd too. Something just isn't right.
Yeah, I was aware of that. But it almost seems like the prevailing view now. Theres been some signs of selling in lesser currencies. I mean, dollar ended up flat, not up today. More questions than answers for me.
Cad Cid get crazy volatile. Stopped on everything, now long a small amount of EUR. Looks like that last move trapped some traders, as the market traded near old lows then reversed. We may have another leg up to go. My plan was to be out of shorts already. They say "Buy on the rumor, sell on the...