UJ bulls are holding 112.50 and 112.20-30.............bears defend 112.80-90................112.60 is important for both parties so the battle is there

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OK

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Yes or put on BE

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When red news strike..........Only big boys can accept this large volume asking for the dollar..............and when erasing action to early spike after news do happen....this is to a great extent a sign of big hands behind the curtains taking the ...

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1.1985..............112.85...............for EU I want the day to close above 1.2025 to hold the trade on the 2nd part...........for UJ day close about 112.3xx...........

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welcome

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bought EU from 1.20...............sold UJ from 112.60

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I am selling UJ from 112.40-50

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we will see what FOMC will bring to us

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Just look at the close of the daily..............it is now more near to the S

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it is now a sell

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No wait for NY to decide on it

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If you read daily price action when hitting around 112 S...........at 6th,14th,15th of December and lastly at 2nd of January..............you will conclude that bulls are getting weaker and weaker ...............at least at this level.............so ...

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well I am expecting the bears to defend 112.4xx

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For UJ I am holding a short from around 113...........will see how it will develop...........

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Yes daily where to look for overall trend direction.............but do not forget to look at all time frames...............think of time frames as mechanical watch wheels every one is important ..............

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EU early attack of yearly high around 1.2090-1.21 and my retreat to S at around 1.20

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UJ continued its downward direction started from about December high.............R in play 112.30-40...........S.......112.00-112.10.............111.60-70

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Trend is always relative to time frame............you may have an uptrend on weekly or monthly while on the daily the price is moving down...........or you may have a downtrend on daily while the hourly is moving up.............so to trade ...

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You can make your own template easily............. -Open chart -Right click on chart .............properties..............have your preferred color combination -Go to indicators apply bands with 20.0.2 setting -Go to indicators apply SweetSpotGold ...

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