1.1 is a psychological level. Everyone is waiting there. It may or may not reach there, but if it reaches there it may overshoot a little.

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I hope you can do that. Prediction and executing it is totally different game. One is free, the other one is not.

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we're into a range where 1.0850 - 1.1100 comes into play. Any wrong entry might present big losses before turn into green. Enter properly.. Timing is the key

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1.0850 Checked..

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This is pretty clear. The more days it spent distributing, the more it drops..

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1.082 checked..

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1.0760 hit left 1.0820 and 1.0850

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The respective resistance are 1.0760, 1.0820, 1.0850 and 1.0850 onwards to 1.1100 is a big range to play with.

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If 0700 give way. 0760

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I'm guessing that the price isn't going to break 1.0600 anytime soon.. 1.085 - 1.1100 is great place to reload shorts. Think like a professional, trade like a professional. It's always safer swimming behind the shark than in front. we shall see.

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When the professional wants to go up, they drive the price down and if any heavy volume activity is observed that means the herd still favour down side. They will repeat until when they drive the price down, there almost no volume or little activity ...

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seriously with the current inflation rate at below zero.. i dont think rate hike is in anytime around sept. Next year is much more possible.

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nice one

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I'm still struggling looking good places for my shorts. May green pips be with you.

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0707 seems abit risky to me if I wanted to hold long term short.. Apparently this is my 2 guiding support and resistance. Lets pray it wouldn't break through the btm line so I can short this higher.

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Yup I do know its going to go up. With the POTENTIAL of 400pips + So, the question is how much is the take profit? 400? 399? 50? 1 pip? whats the tp? Because no matter what tp you set, its going to reverse anytime and you dont know when its going to ...

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because you have higher winning chances in shorts than long?

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Knowing its going to go up with potential of 400+ pips and you can't long because you're waiting for shorts. The hardest thing about trading forex, is to do nothing. -out-

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That line just below fomc day, not unless it break through it, or price hit 1.1100. I'm shall not short.

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Yea I just marked it today, still alot editing to do to make it cleaner . Thanks for the suggestion May I see yours for a reference if you dont mind

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