Forexmospherian
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bye ------- hope you have a good xmas/new year
Same to you BP
Have a good un 👍
bye ------- hope you have a good xmas/new year
With it being slow - its messy and bitty - Liquidity Provider (s) playing with moves and balancing things to make it more difficult - ie
As GU now falls - the EU trying a small bounce up
Greece and Italy they want to pull out (rightly) and every body is think it will go further,
technicality tells me is oversold, also now is Christmas and strange move can happen, I will try a RR 0f 1:30, just need to find (if)the right spot.
i will explain how I see EU on the levels in a bit
ok.
I will stop trading for Christmas now, Eu is in the middle of the range, not my cup of tea...... I had a great 6 day consecutive days on those two weeks, only one was a losing one. I will probably be back the 29th.
EU longer view
For now would not hold onto any scalps or longer buys unless we go back over 2275/80 and then 2310 and 2350
Under 2350 and 2310 we are still in down bias of day basis - even though on session bias we are session bullish above 2220
We could even go back up to 2500 and still be in main down daily / monthly bias
But over 2600 and 2700 and staying under 2350 - then that would be a swing changer
For now - yes we might be oversold etc - but price whilst under 2310 and 2350 is still favouring tests under 2250 and 2217
Well Done Fugazsy
Yes i will be in and around today and tomorrow
Then back on 27 th just to have a look
Sometimes 27 to 31 st can be OK
All the very best to you Fzy - compliments of the season and 2015 will be good for you
Could make a nice pop back into that range. I do like it alsowhen I say oversold I mean on the daily, not on the 1m tf. This is not about scalping, is about swing.
To you too mate and your love ones.
the 27th is Saturday(old man):innocent:
Could make a nice pop back into that range. I do like it also
Forgot that - lol ;-)
Could make a nice pop back into that range. I do like it also
I also favour above 2220 /25 support area scalp buying to see if we can make above 2250 and 2280 and even 2300+
Need under 2215 - 10 and 2200 with bounces staying under 2225 / 30 to be placing more emphasis on scalp sells side and holding sells etc
GL
Major Magnum would have got 3 trades on that ;-)
Was there any doubt on GU ??