5 December 2019, Trading Context Analysis
Session prep – EURUSD is building up pressure but yesterday push back is changing the landscape little (#alarm), GBPUSD has a potential to set a next leg day. I like the first day bursts and this is a second day, therefore I will not attempt to trade the breakouts. Passing on USDJPY. ES turnaround, there was decent opportunity in the morning. GC in consolidation. DAX at interesting juncture at 13100, #alarm. Bund held trendline but no solid entry point to get in. Strong reversal and hold, might for for RR 1 in Oil with high probability target.