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LOL I was apparently too busy staring at that huge gap to recognize you were on SC It looks right, just didn't adjust to put them together... did you get it figured out?
Just pure range this week, but have been steadily stepping up, supports holding. Very bullish behavior. Took a tiny trade yesterday within range (going long). Waiting now until FOMC declares itself.
"It does not matter how slowly you go, as long as you do not stop." Confucius
Looks like FOMC was bullish for Euro. Pullback to the consolidation take off point, closing above the uptrend line. I think this is a 2nd chance entry (rather than a failure of the uptrend). Will be looking for entry at the close of the last blue bar, targeting 1.1560 area
"It does not matter how slowly you go, as long as you do not stop." Confucius
It managed to close above the weekly average which is bullish. I'm not much of an indicator guy but stochastics flipped overnight in Asia so that's bearish...
Typically, yesterday's spike would mark (near) the end of a trend... great liquidity grab up on top of the highs, may be the fuel bears needed to push price lower.
I'm neutral for now, waiting for the market to show it's hand, could very well go either way (although deep down inside I am leaning short LOL )
Also, I am quite distracted by GBPUSD now since it actually moves LOL... will be keeping an eye for really good opportunities on the Euro but might be spending more of my time playing with the former.
LOL probably more luck than anything, but it is our job to be diligent and remain open to all of the possibilities, despite what our mind says the probabilities are.
Yep...be able to adapt. I entered at green and stopped at red (moved it there after bar finished). Then went to sleep. I wonder if I should have had an entry in the other direction at my stop...would've been swept into the trade.
"It does not matter how slowly you go, as long as you do not stop." Confucius