It is still bullish on higher time frames........last 4H of this day would determine.......... bears have to print a low below 1260 to start with...............next hour if there is a dip to day open this could be good sign..........

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If 1.19 is reached again stop that............meanwhile wait to recover

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I do not trade that way.....................I do not wait on draw down that much............... you have to ask yourself why you took those trades..........there should be some point where a trade is not valid

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Sell EU from 1.187xx

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Have a good luck.............I am in also

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Practically last week of the year.............so may have unexpected volatility before Christmas...............and mostly some gap over the year end......

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hope so my friend................it can be understood as " one is correcting while the other is actively moving"...............One will keep on other will reverse

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I think gold can be shorted from 1267-1268 or past day high............if this went right you may have somewhat away target of this month low.......

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EU needs to trade below 1.1870 to gain some bearish momentum............otherwise will test new high

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UJ is testing recently posted S of 113.10-20..............BOJ rate decision is today so volatility is expected

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Sell GU from 1.3380-90 OR around day open...........trading around 1.34 is not good for this trade

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As we said earlier UJ will test R of 113.10-20...............below we have 112.80-90 and above we have 113.60-70,,,,,,,,,,,,,,,below 112.80 bearish it could turn...............above 113.20 bullish could survive..............let us see

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already closed 1st part and putting second on break even.............. selling from 1.1810 closed while that from 1.1830 at BE................all my remaining trades protected now........it was the 2nd worst scenario for EU..............as I sold ...

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This day UJ trade is ok Gold trade was OK EU trade is so so somewhat strong against the dollar Trade well .............trade safe

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So what is the direction then?

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Look at currency correlation when market is active................ Eu at r of 1.1830 uj at r of 112.90 gold at s of 1259-60

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Not yet in fact I am adding...............from 1.1830............ To be clear still in EU short............UJ long.................Gold short

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breaks that...............next 1.1820-30 which is the most difficult to crack................last possible sell zone this day

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Sell Gold from around 1265

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Sell EU from 1.18-1.1810

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