Yes, it could be just a fresh round of selling.......... Up, down, sideways - That's the directions available to us. I have had a bullish outlook from 1240 in early February
Feb 2014 + 6.56%
Feb 2013 - 4.99%
Feb 2012 -1.61%
Feb 2011 + 5.66%
Feb 2010 + 3.26%
Feb 2009 + 1.53%
Feb 2008 + 5.35%
Feb 2007 + 2.67%
Feb 2006 - 1.61%
Feb 2005 + 3.49%
If price drops from here and we go south of 1190, I will reanalyze my bullish bias, like I said it has been wavering as of late. But selling at bottoms and buying at tops not my cup of tee either.
And yes, in my opinion the Asian sessions is generally more manipulation and noise free. 2 of my temporary take profits is at 1230 and 1250. Will change and adapt with price movement. I have enough open positions to cover myself if price drops from here.
I post my charts from the mindset that the right viewer of them can integrate, adapt or improve them for their own systems. Nothing here is set in stone. We play probability, not certainty and these are mine................................
Feb 2014 + 6.56%
Feb 2013 - 4.99%
Feb 2012 -1.61%
Feb 2011 + 5.66%
Feb 2010 + 3.26%
Feb 2009 + 1.53%
Feb 2008 + 5.35%
Feb 2007 + 2.67%
Feb 2006 - 1.61%
Feb 2005 + 3.49%
If price drops from here and we go south of 1190, I will reanalyze my bullish bias, like I said it has been wavering as of late. But selling at bottoms and buying at tops not my cup of tee either.
And yes, in my opinion the Asian sessions is generally more manipulation and noise free. 2 of my temporary take profits is at 1230 and 1250. Will change and adapt with price movement. I have enough open positions to cover myself if price drops from here.
I post my charts from the mindset that the right viewer of them can integrate, adapt or improve them for their own systems. Nothing here is set in stone. We play probability, not certainty and these are mine................................