I have put on a couple of lines that show 8 am and 9 am gmt. Also a couple of obvious support and resistance lines from the Asian session.
Today for both currencies the move up at LO is the head fake that shows the trend of the day. I have some of the clear lower highs. GU did have a couple of losing trades but would have been a comfortable winner on the day still.
Just one comment on eur, the x trade. This is a type of 2b trade that I have seen frequently, a counter trend move before the US open that fails and moves back into the trend of the day. I am very careful taking counter trend moves before the US open and want decent 1hr set up candles and not a 15 min reversal candle.
No comments:
Post a Comment