I am also watching that LEVEL to be broken.

What secret sauce have you been drinking, or do you have a banker mate??

Me neither, not yet. The day has just begun, but I will eagerly wait and watch for a SHORTING opportunity and avoid all the LONG temptations.

I was referring to EAUD. I would be very cautious and will think twice to go long ( applicable only to ME) @ HOW and also on the last day of the WEEK.

Were you LONG or SHORT? My analysis is, we have to be extra careful to execute a BUY setup if present. Because we will be buying @ the HOW. Whereas, a SELL setup (I will wait for), if present will yield more pips, JMO

WoW!! Nice annotation.

There won't be any real move prior to FOMC. Better to watch a movie or something. I will be in the bed though, during FOMC. Good luck.

It is a beast, when it moves, it keeps on grinding.

Pip wise it might be a losing trade BUT I can see that You CUT your loss very quickly ---> that's a winning point, IMHO You also identified, WHY it did not work out --> another winning point.

Thank you, SIR, and same to you. Just trying to be observant as much as possible to read the market mechanics. Your posts helps me a lot to look for THINGS.

Two trades are taken on NY session, while working with SPZD.

Also, just noticed, they put a double top..... future target may be, well time will tell.

Did you notice EA, is almost 200% of ADR !!! I put in a small short order, just for FUN, hoping to get surprised when I get up. For me, today's business is done. See you tomorrow. Trade safe and Green Pips to you.

It is going to take out the LOD. I wish I followed my initial plan.

I lost to my temptation. Could not hold according to the plan. Anyway, netted 38 Pips from that GJ trade, and 24 pips from UC.

I entered a bit late but will hold it until the LOD or SL is taken. Either I will be right or wrong.

However, if the BO fails..... potentially big pips... could take out MONDAY's LOW, IMO.

I am also watching this like a hawk. PA is very sticky.

Two of my best trades in the LONDON session, today. The TPs look premature with hindsight, however, I am still working on my exit strategy. 1% improvement/ optimization at a time.