


ondapc
Longs in the morning and shorts in the afternoon... what a day.
Go which way you are going... it is all the same, the pacman just gobbles and gobbles.
The EUR looks like it does not want to head for the 1.2880 pivot as suggested by many traders. Eventually we must head down, but for the short time... it looks like we may have a bullish day.
Not that I really believe there is symmetry but if one had traded on this type of theory alone, they could have walked away with quite a few pips.
2 possibilities ... 1 outcome.
Seems that the EUR is on its trajectory to the bottom, but what if, you could play both sides?
What a day.. we moved alot of pips in one direction, but the over all nature of the EURUSD to range within the 1.31 - 1.30 range is still a certainty. Plenty of pips to make when getting in.. in the right time.
The EUR looks to have another wave coming. 4-5 Could return the EUR back to normal territory of 1.31
Looks like the EURUSD is moving down this week. It has reached a top and converges with the DXY to a point of inflection.