A nice profitable LONG short term set of scalps now accomplished, it's time to start shorting the bitch. End of the day with a daily range of nasty events and a growing instability for commerce, international relations, migration and future trade deals it's very simple to my eyes that we will be falling off further until we see some monster changes. Best...
Simple scalping should work best in current market conditions. EURUSD specifically due to the current political and economic climate is set to have the largest opportunities for short term scalping from all major asset pairs. If you are tired of not gaining the results you need get in touch - Investment management for profit is what we do.
So in my humble opinion we have a clear head and shoulders pattern, along with Fib match up to coincide with the NFP report today. Right now I am managing a good client out of an aweful hedge and so this is very crucial for me. The price simply must get up to the target sell level so that I can smash from the top and hit down to close out the bad side of the...
Realistically I want to close out at any point around 2110 then Short hard and hold Short hard until after NFP day. Wish me luck, I will be smashing my screens should I fail :)
After scalping out over 400 pips this week alone it is clear to see that truly what we have here is an opportunity to continue to rake some profit in. On a binary options level we need to target 15 minute spot positions in order to keep the risk down. Nice indication for a big reversal to come perhaps?
Looking at the European markets today it is clear that uncertainty is truly king. These are some of the largest market price swings that we have seen since the last true market collapse. Truth is, with monetary policy in Europe and in fact Asia as well, the only "cure" so far, has been to print and print and print further currency. To push and spend and get into...