iterating towards truth
On Friday we witnessed a nice drive against the dollar across the board of assets. In the upcoming week there are two pairs I have on my watch list.GBPUSD, 5960’s possible LONG – it all depends how quickly the pound would retrace and how well it w…
the skill most needed for a discretionary trader is self-awareness. source: andrewmenaker.com
Shit happened in EURUSD today. It is quiet obvious, the US bank holiday is coming so I do not expect much for the rest of this week. Possible total for EURUSD for this day is -0.7R.
All together four trades with +4R potential. Plays:123ACUSUPPLY & DEMANDBREAK & HOLD
Gifts Are Easy, Choices Are Hard, … In the end, we are our choices. Build yourself a great story. Jeff Bezos, ~Princeton University, 2010
5036 level has proven to be a flipped resistance. If the level holds again and offers +3R opportunity, I will go short on the break of the trendline. So far it seems like this could happend. Let’s wait for the open.
Friday offered the total number of +3R +0,4R – 0,7R opportunities . Two “123acu” plays and one “break and hold” play. See below …
A nice 123acu on two occasions. Potential of +1.5R, -0.3R, -0.5R, +3R in the EURUSD today.