I got rid of longs 1.1385. 1.1400 @ 1.1414 Don't like the current action towards other USDs But still long @ 1.1450
If it moves back down to .1386 - .1381 and holds, then moves up. We should be in better shape. This would target the .1523 area next stop.
Yes, we know the trend is down. The issue is calling the bottom at this point or a bounce at the very least.
Itâs to avis that this pair should turn back here, even new traders know this. So something must be done to outsmart this grope.
No. In my previous life I was a fish, Rockfish in the Chesapeake Bay. My previous handle here on ET was "VisionTrader". I have not really posted much here over the last couple years. Are you poking fun at my predictions or did you really think I was this person?
I tried to explain it briefly in this thread. No big deal. http://www.elitetrader.com/vb/showthread.php?s=&threadid=62191 Well, I have been away for awhile and I see we came back to .1382 and are moving up slightly. Good sign but we may need rocket boosters. If this area breaks down, I may exit and look to enter somewhere below. Good Fishing DRT