GU 1.4?
Updated
At the risk of sounding arrogant.. sure, was short last night from 1.43587, taking some off the table about 1.41967.
Question is, where is this going to end up? We've punched through 50% fib on 1hr chart (daily points), so 1.40269 (S1, daily) looks credible, upon condition that we stay below 1.42578 (P, daily)
Have taken some off the table - and if you haven't, why not? - but kept a short in play with a tight SL of 1.41967. will see soon enough whether that was too greedy/stupid of me or not.
Question is, where is this going to end up? We've punched through 50% fib on 1hr chart (daily points), so 1.40269 (S1, daily) looks credible, upon condition that we stay below 1.42578 (P, daily)
Have taken some off the table - and if you haven't, why not? - but kept a short in play with a tight SL of 1.41967. will see soon enough whether that was too greedy/stupid of me or not.
Note
Ha, yep, it was stupid to short there.. at least it was a tiny short. Waiting until next week Monday to re-enter once I see how far this retraces up before hopefully a slam down to 1.40-1.40269
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.