During strong trending days like this, usually it would not pullback a significant amount during the same session. But who knows what will happen next day or so.
I did the same What stress. Yeesh. On a brighter side, the USD/JPY is way up to 103.420 ... looks like it's almost time to short it again!
today in my opinion unless gold can rally back near the highs on the other hand if crude and bonds keep rallying ....
Can someone go back to the last years day before turkey day and see if there has been profit taking before the break? I'm using some free Java charts
I'm a lucky bastard! I exited long at 88 but by mistake I went short at the same time. I saw some momentum downside so I kept the short for a while. No nice trends for Chinook today since he missed the big party overnite--counting pennies again Edit: After I put my first trade today, the chart started to look like a hundred year old woman's face ! Back to long again--begging for a clean move up... All this madness and EURUSD is up only 37 ticks so far for the day.
Hey maybe we'll get another +100 tick move up Edit: On the serious side, I think we'll see a slow grind up for the rest of the day.
Nice doji being made on the hourly chart, but in this trending market probally doesn't mean much. Lots of selling in the London open?