also covered my EUR.GBP @ 0.792 dont really want to hold anything into weekend. if we have a rally in eur.gbp over the next week ill be looking to short it again at around 0.804 and then hold for a few weeks. i just feel eur is going to get hammered vs gbp and chf. technically it just seems very weak. i dont follow any fundamentals.
Hi all I donât find much interesting ideas for Monday. Most charts are extended and I will look for smaller time frames for setups. Those who know me, they know that Iâm not fun of scalp trades, so if there wonât be charts what I like to see I will wait. EURGBP After broke up from weekly base e can see fast back up in to the range area. I will follow 60 min consolidation (like to see longer rest period, maybe to 20sma resistance area). Equal move is also daily support area and I will use it for target area. All depend on breakdown pace. http://tinyurl.com/5chybj USDCAD USDCAD idea is even faster. I will follow for 15 min bear flag. It will be classic move-rest-move action. It is uptrend chart on the daily time frame with slightly higher high and strong reversal at Friday. For bigger move I like to see consolidation on the bigger time frame and for now I donât see it so I will follow 15 min pattern for short possibility. http://tinyurl.com/5gnlxw If anyone will have any question feel free to contact me Good trading!!! Ivica
http://tinyurl.com/64us2b Thank you very much. This is another 5 mi possibility. I will add on it Good luck