Under 1.3593X it looks like a buy , stop few pips under, maybe for a target of 1.362X .. * The pound data could fuel this trade , but a print under 1.3593 is badly needed for this.

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They have mining activities but the entire economy is no way based on gold/ Sliver activities ... I know, you thought that because the media is always referring to it as a commodity currency. Its not the same as CAD and crude oil !

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Not anymore ... at least for the last 4 years or so !

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In my experience, these are the type of trades that bring an account to its knee ..

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Now, the weekly low is opened for an attack ... 1.362X is the new magic level of this move !

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Today & tomorrow price can easily move to 1.370X without distorting any short / long setups ... selling on rally strategy won't work in the rest of this week trading hours left! * Unfortunately , i'm not taking this trade for perosnal reasons. * ...

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Well, we gonna have to wait & see the next ECB meeting to watch if they share your point of view ...

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Core CPI isn't the important one, CPI Y/Y is the most important one of them all ... this one reading is the same, so not really seeing any significance

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1.36070 worked yesterday as a temp support , so for a 15 / 20 pips range not really much. Plus, 1.36275 is not the daily high - so price has to go there in time ...

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Planning to long London's opening ...

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I thought you were advising to sell at the break of 1.36070X ... you don't trade your own trades ?!

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Let's not rush into conclusions ... As long as the dance around 1.367X continues , direction will become tricky!

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If you believe in fairy tales , then 1.37165 / 1.37215 should be the next obstacle ... ( Price eases towards 1.36725 which expected to work as support , then a target of 1.37165 ) Here for more details.

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The moment of truth ... Now, i wait for a 5 min buying candle to see if 1.3672X will be breached.

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No, you are not .. The entry price is : 1.366X something ( Still can't figure out if it will be above 1.3665+ / or under 1.3665- , personally preference is always to wait for above 1.3665+ to save money if i was wrong)

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Well, for a starter : *Trends / price pressure doesn't reverse for the sake of a number ... it eases but never take the opposite direction! * This 5 min buying candle is very confusing for both sides. * If 1.368X is the high of this move, so price ...

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It took me 15 minutes long time ago to figure him out ... it was a youtube video and he mocked Buffet's options being underwater ! ( For someone claiming to be trading mentor guru , with no idea how Buffet's investments works .. pretty clear he just ...

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Then, you have no idea what are you doing ....

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If you truly worried about longs , you should also be worried about shorts ... most likely both of their stops will be taken before price determine a move ! As far as i see , i don't see any trade what so ever. 1.359 is not the type of a level you ...

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Not bad enough, it has to print under 2013 inflation low ( 0.7 ) ... but good for 20- 50 pips of a dovish comment !

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