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stop out 3738 tp1 65p, tp2 49p, tp3 33p, tp4 31plater week no. 3769, 3771 was signal buy---- 3780 tp1 11p, tp2 be, later weekno. 3771, 3769,was signal sell------3700 tp1 71p, tp2 69p
No extra sweeties for the Market Makers, not for this month anyway
so they throw their toys out the pram again, what a fickle bunch they are
oh well,
hope no one was long into FOMC
And after all we are going to end at day open
As usual : a simple whipsaw when some news is awaited as much as this one was, and when it brought nothing new at all
The way how news are twisted : now the decision by FED to not do anything is a "hawkish" decision. What would be if they decided to taper? A flock of hawks?
A change of trend seems to be confirmed. Now it looks like a break of previous support is done the way it will not be revisited and that a new resistance is determined. If the resistance will be exactly there or not does not matter too much since the trend is a bearish trend from now on
avi1
What time frame chart do you use to determine the TF signal change?
""later week no. 3769, 3771 was signal buy---- 3780 tp1 11p, tp2 be, later weekno. 3771, 3769,was signal sell------3700 tp1 71p""
Thanks
Ray

later week no. 3769, 3771 was signal buy---- 3780 tp1 11p, tp2 be, later weekno. 3771, 3769,was signal sell------3700 tp1 71p, tp2 69pIt is only normal that they are pushing euro down. They should have done it long time ago. Europe depends on exports and this exchange rate is way to high for a normal Europe exports
give suprt rstn level for EUR/USD?
avi1
What time frame chart do you use to determine the TF signal change?
""later week no. 3769, 3771 was signal buy---- 3780 tp1 11p, tp2 be, later weekno. 3771, 3769,was signal sell------3700 tp1 71p""
Thanks
Ray
15m chart(long term 1-h)
avi1
What time frame chart do you use to determine the TF signal change?
""later week no. 3769, 3771 was signal buy---- 3780 tp1 11p, tp2 be, later weekno. 3771, 3769,was signal sell------3700 tp1 71p""
Thanks
Ray
15m chart(long term 1-h)
day point gu-----6033+up trend, 6016- down trend, 6024 up/down trend, ...eu-----3565 up trend, 3539- down trend, 3552 up/down trend