EURUSD Tech overview 18/03
Updated
We are in a downtrend again, with main talks that usd is what everyone need and want to have in this dark times. BS! imho anyway...
to sell - I wanna sel,l but not here. Better at 1.1090-1.11 with tight stop in any case and even reverse.
to buy - I wanna buy here mb, but not sure... a lit bit with stop under yesterday low seems? but better at 1.0874
N!B! with all this CB's that killed prop trading after 2008 we all have what we have... no one provide liq to the markets. Enjoy. TTFN
to sell - I wanna sel,l but not here. Better at 1.1090-1.11 with tight stop in any case and even reverse.
to buy - I wanna buy here mb, but not sure... a lit bit with stop under yesterday low seems? but better at 1.0874
N!B! with all this CB's that killed prop trading after 2008 we all have what we have... no one provide liq to the markets. Enjoy. TTFN
Trade active
The point is and it is scary... what about if such tons of money from helicopter to devalue usd instantly once this idea gets in some heads head. when everyone cut positions...
What to do?
To buy USD?
Really?
Note
This Covid-19 is looks likes ordinary influenza. Death rate is the same. From influenza died 1000-1800 people each day before and WHO do not care at all. Now it is almost 8k death on 200k infected and we killed business and markets. Pandemic story will be when it is 60 millions infected in all countries within a week. This story with Covid19 is something else imho.
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