iterating towards truth
Lower range of the EURUSD pair was broken and open the door towards the 1.26 where I would suspect some buying power to be present. Before we get there I would expect some kind of retracement either back to 2730’s or 2780’s. One way or the other, …
[youtube http://www.youtube.com/watch?v=i4T49M-3gkE?wmode=transparent]
Another “break and hold below play” with the perfect foreplay. Market broke down strongly and held in a tight range. Tested twice an important level and then went south again to retest previous low. There were two opportunities both with a +2R pot…
Nice “break and hold below” play in EURUSD after the “OBAMA taking the office euforia” left markets.
… “the big definition of who you are as a designer, is the way of you are looking at world” …
Investors have this cognitive bias that “more information” helps they make better informed decisions. It turns out not to be true; more information helps them be more emotionally comfortable with their decision making – over confident in fact. Par…
EURUSD is still playing in the RANGE zone which I have discussed few times in the last four weeks. With the daily close that heavy we will see at the open two possible scenarios. 1] market will gap down strongly on the open 2] market will rally on…
Break and hold setup is after 1-2-3ACU my most favourite setup. What is the story behind it? In this bearish scenario a stronger support is established. Bears are slowly accumulating short positions above this (soon to be breakout) level leaving h…
https://www.youtube.com/watch?v=GP0_MNj8f1QTime to listen to some relaxed song …
At the moment I have a pending position at 0402 to go LONG. With SL being at 0356, targeting 0540 this might be a little longer term trade. If broken strongly, it can go fairly quickly. Reasons behind this are:PROS:- overall market is bullish from…