High Risk, high reward with FOMC,
Gamblers are already in the market net long and short
Both could be neutralized and taken out of the market or margin called
Others lucky,
Are you able to identify the manipulation? if not, you will undoubtedly be liquidity
let price show its hand and execute
DXY is approaching highs, net long institutions could pair the massive volatility induced to liquidate their positions and enter new positions in the rally higher
this could cause GBPUSD to melt lower, which could be paired with longs
if the move is an impulsive flash crash, then I anticipate longs to be favored
if DXY highs 105.652 are swept we can have a fall before any rally on GBPUSD
In most cases, the news at FOMC provides bullish sentiment to the Dollar short term.
However, the news only provides more volatility as the move is already been priced in
As of now, my key interest is 1.20495/1.20480 for long ideas
if we retrace lower and fail to sweep above 1.20918, I'd consider long ideas
Gamblers are already in the market net long and short
Both could be neutralized and taken out of the market or margin called
Others lucky,
Are you able to identify the manipulation? if not, you will undoubtedly be liquidity
let price show its hand and execute
DXY is approaching highs, net long institutions could pair the massive volatility induced to liquidate their positions and enter new positions in the rally higher
this could cause GBPUSD to melt lower, which could be paired with longs
if the move is an impulsive flash crash, then I anticipate longs to be favored
if DXY highs 105.652 are swept we can have a fall before any rally on GBPUSD
In most cases, the news at FOMC provides bullish sentiment to the Dollar short term.
However, the news only provides more volatility as the move is already been priced in
As of now, my key interest is 1.20495/1.20480 for long ideas
if we retrace lower and fail to sweep above 1.20918, I'd consider long ideas
Comment:
What's interesting is that every financial news channel is talking about how the market is bearish, coincidentally we are having rallies across most asset classes including crypto
Comment:
Observe how the Prev. Day's High is protected.
We are anticipating more volatility at 0330 after London Open,
I'm hedging my bets to the long side
Observe how the price could be delivered lower and potentially run higher to sweep the high.
If you want to be involved in the move higher, don't make any long entry before London Open, the price is retracing lower to a discount
We are anticipating more volatility at 0330 after London Open,
I'm hedging my bets to the long side
Observe how the price could be delivered lower and potentially run higher to sweep the high.
If you want to be involved in the move higher, don't make any long entry before London Open, the price is retracing lower to a discount
Comment:
if long in the move here, take partials
Trade closed: target reached:
Prev. Day's High hit as anticipated