EUR kept on going... but for how much longer??
Good evening ladies and gentlemen
I hope you all had a wonderful and more importantly a profitable day in the market!
I just wanted to reitterate what Jedi Master Bijal said on our sister website. I do not trade the news and am aware at the beginning of the day what news is coming out and at what time and make my decisions accordingly. If I am already in a trade, I move stops tighter. Yesterday, it beautifully went in my favour and I am not complaining!! I joyfully moved my stops along as a kid enjoying his cola bottles savouring that famous tanginess on the tongue!
So down to todays play!! The EURUSD had still plenty in her today, handing out over 300 pips!! It has broken through the breather level but is now approaching the VI!! With Stochastics still well OB but MACD still showing strength, what will the market have in store for us tomorrow??!! All I know is that the SM will polish their arsenal of filters and keep them ready and waiting to be unleashed when the time arises!!!
As always below is 15 minute. Here are some questions I have for you:
1. Was there an opportunity to go short with the emergence of our friend DJ Derek Diveregence? Were any of the other gang members there? Or was it a better stance to wait giving the oscillating nature of the trend and the time??
2. Where would the smart money have gone long?
3. If you chose to go long, with the emergence of DJ Derek Divergence again where would you have moved your stops to lock in maximum profits?
Notice RN Ronnie at the end of play!!!
I know Richard! I was rather upset you didn't leave me one! The answer to my riddle is "Believe and I must make it happen"!! This is my phiolosophy to trading!!
Your riddle is a good one and this is a complete stab in the dark as I don't have a clue! I am going to say "Failure is the price you pay for greed!"
My riddle is easy and one to give you all momentum into the last day of the week:
" A winner ____ _____"!!
Abundance is your Birth Right
Zaheer Anwari


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