I think cable will make a daily swinglow today
Anything below 1.26 is a HARD BUY to 1.29. AFTER US GDP, not before.
Not for scalpers--scale in, anything below, DCA in. It can overshoot 1.26 by up to 30 pips.
This will obviously take several days and possibly weeks to reach target.
DXY I think could make its high today, this is conditional for the trade. It should tap at least November swing high. IF this doesnt happen today, then hold off on the cable buy.
IF DXY leaves a poor high, on GDP, then leave it.
Anything below 1.26 is a HARD BUY to 1.29. AFTER US GDP, not before.
Not for scalpers--scale in, anything below, DCA in. It can overshoot 1.26 by up to 30 pips.
This will obviously take several days and possibly weeks to reach target.
DXY I think could make its high today, this is conditional for the trade. It should tap at least November swing high. IF this doesnt happen today, then hold off on the cable buy.
IF DXY leaves a poor high, on GDP, then leave it.