EUR GBP to keep going or are you?

Good evening ladies and gentlemen

I'd like to start the day by wishing JM John's friend all the best and my thoughts are with them. It makes me realise how insignificant the pulled muscle in my thigh is which has prevented me from playing football for the last 2 weeks.

I also just wanted to clarify one thing from yesterdays update. As some of you know I am very much a Day Walker as oppose to a swing trader. There for I manage my trades differently. There was a whopping 100 pips up for grabs which was not a "small" profit as I mentioned yesterday. I was still in this trade from Monday and I managed to take some of the 100 pips at the beginning of play yesterday but tightened my stops at the emergence of a 123886 with a Divergence on MACD. However, I eventually got stopped out and if I had chosen to go back in at the Smart Money time, I would have made a "small" profit.

I hope you all managed to get your fair share of loving today. No Dumb Money moves made by me today so you can stop calling me that now!! Yeah you at the back!! STOP IT!!

So lets see what our beautiful and loving friend, the EURGBP did for us today. The R Line was broken today as we were hoping but ended the day with the emergence of a small doji. Is MACD Converging or Diverging? Is RSI still looking good? What affect would this have on our love taking tomorrow?





Lets have a look at the 5 minute chart to have a clearer indication of the state of play today. There was a period of oscillation through the night and the first part of the day before our friend Breaker BOB decided to make an appearance. The smart money would have used the appropriate love taking tool to enter and then manage accordingly. Our friends DJ Derek Divergence, Round Number Ronnie and Body Popper 123886 chose to come out and play later in the day but were they welcome or a hindrance to play? The smart money would have managed accordingly and may even have hung out with the trouble makers!!




It will be very interesting to see what will happen tomorrow! The Smart Money will be ready and waiting for action!

With regards to my riddle, I was wondering if there was nothing Richard knew!! I was particularly impressed with Monday's answer my fellow JMA! The answer to yesterday's riddle is "Standing aside is also a position!" Well done to those who got it.

The answer to your riddle is........
"Success is not final, failure is not fatal, it is the courage to continue that counts" and I believe was said by Sir Winston Chuchill!

Today's riddle was said by an American Author:
"There is only one ______ - to be able to _____ your life your own way!"

Abundance is your Birth Right

Zaheer Anwari