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98.00 oiler flat at 97.20 😛 happyy with that
rgds
Zarif
Small droplets of rain turn into Rivers, Streams and Mighty Oceans
Ftse bun fight continues into BoE & EcB & NFP and I would
not like to trade much until we clear this data, fwiw.Never give up, never surrender.
Ftse chart looks ugly not helped by the fact
that a decent rally can’t get going. On the
other hand 6400 holds, curious.Never give up, never surrender.
I always think it’s possible the EcB will say something
that the market latches onto. Hence caution today.Never give up, never surrender.
A timely reminder why we do not advise trading
on days when central banks release news etc.Never give up, never surrender.
Ftse at 6565 which is the first real test point and
it has taken a lot of bull to get there, imho.Never give up, never surrender.
As you can make a case for two prices where we are atm
let’s say 6565 – 6575 as our first potential reversal
zone to watch.The second could be turkey spike 6642.
The third a bit below 6700 at 0.618 fib.
That should be enough to watch for now.
Never give up, never surrender.
Ftse at 6565 which is the first real test point and
it has taken a lot of bull to get there, imho.Yep, it also lines up with SPX 1770 which is circa 61.8 retrace of the drop 4 days ago.
Just closed all my longs in pension and SB account from the other day, may go further but hey, never go broke taking a profit…… Expecting ES 65 to present a problem as it held for so long as support.
It would be just like this trickster market for the US to
hit a mini peak tonight and leave all the NFP watchers
high and dry on friday 😉Never give up, never surrender.
As we entered the first test 6565-6575 zone
this morning I opened a Ftse short, fwiw.Risks are NFP and the two higher test zones.
Rewards are re-test 6400 or a lot lower.
Use stops, re-enter if needed as per etc.
Never give up, never surrender.
Closed half my Ftse short on the initial dip which will
help if the remainder gets into upwards froth 🙂Is NFP a three wave, if so the 1st was down and we are
still sorting out the 2nd up but the eventual 3rd will
be lower than the 1st … lets see.Never give up, never surrender.
yes normally 3 waves, however, the first spike was up not down but it was only a small one, 4-5 handles. Not sure if it counts in the 3 waves
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