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IMO, Anything between 0908 to 0811 is MOFU. As long as 0830 is not breached, bulls are in control. I closed my long @0880 and reload again @0840 SL @0825 Good Night guys.
Wow....0955 becomes resistance. Did not expect this. Long scalps continues until 0908 breach. Looking for 1159 this week.
Mar2015 OHLC is 1.1196; 1.1240; 1.0462; 1.0731. My pivot is (H+L+C)/3=1.081 P.S. I ignored 5th decimal in the above calculation for simplicity.
I guess bulls are done. It may go close to 0908 (S1-Monthly). Next FXTyrant's phase ![]()
imo - LON and NY together will range btw 079x and 089x until NFP. Could turn into another scalpers paradise.