EUR off to a good start...
Good evening ladies and gentlemen
I hope you had a grand weekend. The weather was wonderful (which is not something we can rave too much bout living in Blighty) and man did people make the most of it!!! The parks were heaving, roofs were down (including ours!!), dogs were wagging mad, footballs were flying everywhere and the smell of BBQs were wafting through the air as if they were going out of fashion. It was great but not as great as waking up on Monday mornings!!! Yipeeee!! Did you shout it?? "I lurv Mondays!!" Well did you?? If not why not??
So lets get down to business and have a look at a chart on our first day of love taking opportunites in the market! Below is the daily for the EURUSD. We were probably expecting a DB but with Chrystal convergence, Body Popper 123886 and Crazylegs Candlestick making an appearance, has the move Northwards already started or can we expect the low to still be retested in the future? Today's bar is approaching a previous R line.
I hope you had a grand weekend. The weather was wonderful (which is not something we can rave too much bout living in Blighty) and man did people make the most of it!!! The parks were heaving, roofs were down (including ours!!), dogs were wagging mad, footballs were flying everywhere and the smell of BBQs were wafting through the air as if they were going out of fashion. It was great but not as great as waking up on Monday mornings!!! Yipeeee!! Did you shout it?? "I lurv Mondays!!" Well did you?? If not why not??
So lets get down to business and have a look at a chart on our first day of love taking opportunites in the market! Below is the daily for the EURUSD. We were probably expecting a DB but with Chrystal convergence, Body Popper 123886 and Crazylegs Candlestick making an appearance, has the move Northwards already started or can we expect the low to still be retested in the future? Today's bar is approaching a previous R line.
Below is the 60 minute chart which will give us a better understanding of the days play! There was a great opportunity to go long if you chose to take it and well done to those who did! Through the night the market was in a range but the much anticipated appearance of Breaker BOB did not fail to disappoint. The Smart Money would have unleashed the appropriate filter and good managing would have yielded a nice profit of love taking for the day! Eagle Eyes would have spotted Ronnie RN emerge right at the end of play!!
Please do you own analysis at all times!
As always Richard's on form with his answers to the riddle. "Carpe Diem" is indeed Latin and does indeed mean "Seize the day" and was indeed made famous by the film Dead Poet's Society!
The answer to your riddle was said by the brilliant Del Boy in one of the best programmes ever to hit the small screen, Only Fools and Horses!! Please correct me if I am wrong but I believe it is also used by the British SAS?!
My riddle for today has a touch of humour to it and was said by a famous Author but is also very much related to Trading!
"Be ______, ______ else is already taken!
Abundance is your Birth Right
Zaheer Anwari
posted by Zaheer Anwari @ 18:55
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