wow eurusd trying to sky out of the hole here, maybe we get that 1280 smash and grab or o/n. could be worth a snacklet long on 1273.
Can you elaborate as to why you think this? What I see is: overnight stays within yesterday's range, inability to push below yesterday's low. Best ADP NFP report since 2006, hugely beat expectations. Basically, this market is relatively balanced since jumping out of balance from last week to the Tuesday open. Yesterday you called for 52, and then at 63 you called for 80, and now you're calling for 52 again. What do you see here satchel, that makes you think 52 again? Just curious, trying to learn as always. I have no doubt that soon we will get out of balance and make a nice move, but is the gap fill all that's calling below? The fact that such great ADP number failed to get to yesterday's high might mean something about a short, but you said the above before the data was released so just curious as to what you see.