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Looks like one more ranging day ahead of us. Everybody is waiting FED.
Seems you were right
short up trend
later week no. 3248, 3263, was signal buy-----
stop out 3300 tp1 52p, tp2 37p, later week no. 3304(+-6-9p)enter 3297 sell----
Bad news for the Cable. 1.5440 is a level where wave C = wave A, the oscillators are overbought .... I think that the Bank of England will reserve some nasty surprise for Thursday.
We shall have to wait for FOMC statement. It is obvious that nobody wants to make a move before it
We shall have to wait for FOMC statement. It is obvious that nobody wants to make a move before it
Same as yesterday. Ranging, ranging, ranging. You are right : now nobody has the guts to make any move before the FOMC
Don't know about you guys, but I am off
Asian session before FOMC is always a bad idea to trade so I am skipping this one
If the FOMC was priced in already, the chances are that we are going to see a whipsaw today
stop out 3300 tp1 52p, tp2 37p, later week no. 3304(+-6-9p)enter 3297 sell----
olso week no. 3263 was signal sell-------
olso week no. 3263 was signal sell-------
olso week no. 5344 was signal sell------(yesterday).......