Will the last one to leave please remember to turn off the lights ? Then we can safely go for 1.30 again in the run-up to markets getting back on track after today's upset. Sure, we'll have some intermediate ranges and extensions .. but there's no denying the fundamental 1.30+ drive.
Hey we've touched 30 already - time for a breather - maybe 28 or 2780?? Lets see what transpires - you'd swear I was American the way I keep on looking for South. mmm wondering what impact the US holiday will have tomorrow....
I guess I'll enter a small long position here in mid 1.288s ... or just below 80 as it seems now. Done. Now, I'll have to think about exit strategies - especially for when I get in doubt - which is often as a fearful scalper. I think I'll use the old trick of "do I want to enter at this level now" at every turning point I see.
Futures trading seems to be running. http://www.nasdaq.com/econoday/index.html edit: BTW the little extension downwards didn't scare me - since I'm in it for a long haul for now.
Got whipped here twice. Long finally. I'm hoping that this is the last chop and we see a nice uptrend until close
I don't like this stalling under 1.29.... I think I aged couple of months today! I can't wait this evening-- on the way to the gym, I'll crank up my stereo and shout like crazy Edit: These are the side effects of unnecessarily high leverage. I'm getting better though, it used to be worse...