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Todays avg range of 180 pips is achieved so closing my longs here. Had one loss on short before that. Euro has moved from 1.3350 to 1.3650 and could well be a 1 st impulse wave in a new uptrend. It is moving up to test the 4 hr trendline and then might fall to the previous resistance level at 1.3550. If it holds this then next impulse wave could be big till 1.41
Well in hindsight obviously if I had waited 10 minutes would have been nice. But the entry was based on the resistance since 9am near this level, supported by lower delta. I don't want to call it a trigger simply because it sounds too mechanical, which is not the way I trade (black/white, long here, short here).
I added at 1.3650. Have been away from computer, family here. But proved to be good place to add.
Now we'll just see what is to come. Getting some mixed signals. I may just close everything, it is already nicely in profit. I don't usually hold overnight.
Don't know what you guys think of this but to make a long story short I'd like to see it come back to3602 area and that's where I might look to short down to 3490 area....I don't know that I would but just my take on it at the moment...of course there is a fair chance it just drops....
Edit: as a side note I could post a chart but would have to write a book so you guys could see what I see. I am working on something explaining some of my goofy stuff, It would take a few posts to do it.