


UtterOnce
The Dollar Index may have found enough support to bless us with a reversal. Those 4H wicks look promising. May even see a bullish cup and handle setup here. This should help my GU sell and Xau (Gold) EA Robot sells
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Stoch rsi and alerts sounding for a rise. prob by 9.30am gmt. Squeeze indicator signals for a move to the downside but ill go with the euro/long =24pip target
looks quite clear like the euro will go short. so will try a sell limit instead. should have a long position considering how far north my entry is check out a good trade previous to this one.
looking a retest of the green highlighted resistance area @ 1.2363 full target would be @ 1.2391
Sell the lower move after NFP down to the 42 area and support 3. should complete by monday. Update: move stop to Break even. currently at 1.2246, may take profit at 1.2242
DOWN- RETRACEMENT AFTER NEWS. I WILL TAKE PROFIT AT MAJOR SUPPORT LINE 1.2342
Analysis from Timing is Key. Entry @ 1.2307 stop @ 1.2838 target @ 1.1320 So... R/R is 1.86 (risking £531 for £986 reward)
Could be a bounce up as we are at the mid channel area. gonna risk 50 pips from our mate KungsomTrader. reward is 100 pips and entry is at 1.2302
stop @ 1.25166 tp @ 1.24008 going to play it safe and not trade the full length of the move towards support level at 1.23638
I THINK THE POUND WILL HEAD SOUTH THIS COMING WEEK - 01 DEC. POSITION HAS ROOM FOR PRICE TO GO AGAINST US. RISK REWARD IS OK. UPDATE: Stopped out for -88 pips. amateur wishful thinking. Should have exitted with +44 pips. i should know better.
MAJOR SPENDING OF THE DOLLAR OVER BLACK FRIDAY SHOULD GIVE STRENGTH TO THE DOWNSIDE. 30PIP TARGET AND OVER 1.5 R\R.