Good morning all, normally I don't trade anymore around this hour, but couldn't sleep, so ... Just noticed two doji's on the 4H chart, might be a pause / the end of the uptrend or a sign for what's to come later this day ... ?
Morning/afternoon all. Yes, could be an interesting day with ECB news and NFP in one day. On the other hand, you never know how much of the news has alreay been priced in. Play it as it comes and good luck!
Yeah, pretty nice confluence of factors... Let's see how it turns out... Before most likely to be choppy though...
Figured I would throw in some thoughts since its an open board discussion now. Ill jump in from time to time if you all dont mind? Well heres my fx calls for the day. Ill be in the chat room in the morning. See ya all. - secXces EURUSD - Possible Short (Setting up nicely for a short but still neutral) EURCHF - Long (I see this to be very interesting setup, a long till 6148 and after that I would start fading it until you break resistence short targeting 6100 again ... so reverse it at the top so to speak) Long at 1.61093 Target 1.6148 SILVER - Short Short at break of 18.25 Target 18.05 USDJPY - Long Long at break of 106.17 Target 106.75 Gold - Short Short if break of 942.10 Target below 936
Nice wedge breakout. I'm long from 1.5885. A good play for news days is to hold on to such a trade and with a bit of luck be 20-40 pips in the black by news time. Then set your stop to breakeven and sit back for the fun. You'll either be B/E or into the stratosphere.