Try USD/CAD. Behave more or less the same way, only the trend as been stronger for CAD. STRONG floor at 1.19 though be careful.
Or just short USD on every damn currency pair you have access to. It worked nicely so far
Chinook's EUR/USD (E/$)Mumblings
- Thread starter chinook
- Start date
Try USD/CAD. Behave more or less the same way, only the trend as been stronger for CAD. STRONG floor at 1.19 though be careful.
Or just short USD on every damn currency pair you have access to. It worked nicely so far
We've stayed in this limbo range of around 1.2900 and below 1.30 for a week now (only with brief passing above), and tonight I do not see the same setup as last night.
I do think this is a type of consolidation that would be benefitial to the â¬, but at the same thing other parameters as the oil price does move, so there is no denying that a retracement could come at some point soon. It's anyone's guess when and from what level.
I'm not into trading on guessing alone. I don't have a good enough system for that.
At least we get some numbers tomorrow, and do they really matter ? Not more than any number we've already seen of late. So when will it matter ? That's probably up to the ⬠and the strong following it has in the wake of shorting the US$.
I'm a bit annoyed that we did not see any good setups becoming clear after the TIC data was released. If they had been significantly below $ 50 bn I think we would have rocketed outta here, but we didn't get that excuse - so let's wait for another chance. While we're waiting - fear, uncertainty and doubt set in on the back of news reports and comments.
So there are opportunities in the short term for everyone.
I do think this is a type of consolidation that would be benefitial to the â¬, but at the same thing other parameters as the oil price does move, so there is no denying that a retracement could come at some point soon. It's anyone's guess when and from what level.
I'm not into trading on guessing alone. I don't have a good enough system for that.
At least we get some numbers tomorrow, and do they really matter ? Not more than any number we've already seen of late. So when will it matter ? That's probably up to the ⬠and the strong following it has in the wake of shorting the US$.
I'm a bit annoyed that we did not see any good setups becoming clear after the TIC data was released. If they had been significantly below $ 50 bn I think we would have rocketed outta here, but we didn't get that excuse - so let's wait for another chance. While we're waiting - fear, uncertainty and doubt set in on the back of news reports and comments.
So there are opportunities in the short term for everyone.
