I've noticed that often just as I've given up on something, it starts to move. There has to be something to that. I believe that many others have as well, and that's what fuels the move.
Yes it has been. I would love to see a volume profile of the last few days. It seems like a new profile is being created with the point of control right here at 1.1580 or so.
Without any key US data this week, I do not expect euro to show much volatility. I don't expect Yen to move much either. But I am not interested in scalping. So I will just focus on the pound today
Really just messed the yen short up. Had a good chance to take some off, but thought it was shooting for 1.1450 and above. It really can move violently, quickly.
Flat. Got out of GBP at 1.3095, Euro at 1.1597. When I start to see churning PA it's time to leave, especially on the open. There just wasn't anything left to push GBP or anything else lower right now.
I'm short Euro, Aussie, GBP, Jpy small amount on this stealth move down. Not expecting a lot, just following.