Skinning the EURUSD Cat: A Deeper Inspection & Trade Idea
Reasons to enter:
(1) moving averages are trending
(2) Higher highs and higher lows
(3) Candle bars show us who is in charge: bulls
(4) bit below the demand, but I believe that will change within 2 or 3 days.
Stops and targets are on the chart.
COT Report hints that sellers might be coming in, but the price does not reflect that and may lead to a running market or one more new high in prices :
Updates:
More updates:
(1) moving averages are trending
(2) Higher highs and higher lows
(3) Candle bars show us who is in charge: bulls
(4) bit below the demand, but I believe that will change within 2 or 3 days.
Stops and targets are on the chart.
COT Report hints that sellers might be coming in, but the price does not reflect that and may lead to a running market or one more new high in prices :
Updates:
More updates:
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.