Dollar - today's close
- Thread starter sKaLpZ
- Start date
)Ok, if today the Eur does not make a move higher than it's a bit of a problem for it.
The bias is short however and all you newbies should look for 40EMA on 1hour touch-ups and sell them. You can go wrong only once.
Take note and do not try to sell just any small spike that does not reach the EMA. You could be in for a double, triple or whatever bottom.
I know i am out enjoying my gain from the drop from 1.2500 BUT i am out of the market for now. It seems unclear and it looks like a lot of traders are going to chop wood today. I am eyeballing a reversal although i have a sell stop on the way for futher eur declines.
cheers
The bias is short however and all you newbies should look for 40EMA on 1hour touch-ups and sell them. You can go wrong only once.
Take note and do not try to sell just any small spike that does not reach the EMA. You could be in for a double, triple or whatever bottom.
I know i am out enjoying my gain from the drop from 1.2500 BUT i am out of the market for now. It seems unclear and it looks like a lot of traders are going to chop wood today. I am eyeballing a reversal although i have a sell stop on the way for futher eur declines.
cheers