BostjanSrsen

BostjanSrsen

Previous resistance becomes support Somewhere in green resistance zone i'm planning to buy on a lower time frame Technically stops have to go below 67.50

BostjanSrsen

Previous resistance becomes support. Technically stops have to go below 1310 GOLD is anti dollar trade!

BostjanSrsen

Is this just a pullback or continuation to the downside. BoE didn't raise rates but they will definitely go up in the next 3 years.

BostjanSrsen Updated 

I not going to be confident about bullish continuation as long as we are below green zone BDI (Baltic Dry Index) it's a index of shipping cost its high usually is frontrunning economic expansion which mens risk on

BostjanSrsen

GBP is starting to get strong perhaps because of BoE tomorrow Stops below low

BostjanSrsen

BOE is probably raising interest rates this week

BostjanSrsen

Perhaps price will do something like this if you are a conservative trader wait for break of weekly Pivot Blue trendline is 2001 low and 2008 low

BostjanSrsen

Perhaps price will do something like this if you are a conservative trader wait for break of weekly Pivot

BostjanSrsen

If you happen to be a bull on oil this fx pair is a good proxy Stops above high

BostjanSrsen

Stops have to go below 76.700 EXTREMELY RISKY TRADE FED IN 1 HOUR if you are risk averse wait for FED and then try to get a trade

BostjanSrsen

If you are a conservative trader you can wait for price to break resistance and then hit it on retirement

BostjanSrsen

Is it possible price is printing a bottom Price is at monthly Pivot point You can buy AUD against JPY or against USD you can also use other higher yielding currency like CAD for example

BostjanSrsen

1. I redraw channel you should always trust horizontal support resistance more than diagonal ones. 2. Price is at a big psychological level. 3.Tomorrow we have FED. 4.Is it possible price will retrace back to previous support turned resistance?

BostjanSrsen

Price is at 0.618 retracement of the bigger move above 200 daily moving average Is price going to close on a daly candle there? Tomorrow we have FED they will probably raise rates however that is already priced in Question that is interesting to market makers is how aggressively will FED raise rates in the future So can FED raise rate and USD fals that is what i expect

BostjanSrsen

I have order at 68.30 sl have to go below 67

BostjanSrsen

Trying to catch a bottom Stops have to go below green zone Price is close to 1.200

BostjanSrsen

Perhaps GBP weakness will continue Stops above 1.766666

BostjanSrsen Updated 

I tp short on friday I'm considering long position primary reason being USD at resistance Stops have to go below 67