A monthly bar will be printing this weekend so we still might see some moves, only the ozzie green at the moment out of euro and cable and iv'e seen those green bars turn red right at the end of printing,too big of an ask for the ozzie though I think ....... Trade what you see and not what you think as always.
USD index
- Thread starter Piptaker
- Start date
Yes it's choppy. Im just looking at the overall context the past tree days, where you had what looked like a break to the downside, failure after fomc, then another failure this morning. I've noticed the tendency for very extended markets to shake off both sides and create doubt on both sides before resuming the trend. So I'm still looking for a break to the downside. But we're going into Friday, so I'm not expecting as much. Money moving to CHF, which is a warning sign for other markets.
yup I agree . I don't trade now unless I'm seeing the order flow and where the big boys are positioning.