OK sterling work yesterday- UCHF was the biggest mover %wise and I managed to double the ATR. Exceeding the ATR unscaled is my benchmark of a superb day. The aim of course is to make everyday like that
Moving on.
UCHF little more to sink to downside stops today but it's already pretty far down so light shorts here, add more on any retraces upside.
EU: respite for longs today, 875 is the pivot. Once it clears there upwards, it's pretty safe to go in hard for the day, but it's temporary.
GU: long
EY: looking good for longer term longs.
AU: looks pretty cooked. Short.
So basically risk on. Admittedly with Spain being cut to junk status news doesn't support. Spain's at 50% youth unemployment, poor feckers -Talking of euro crises, about time Germany did the honourable thing and left the euro but that's another story.
Moving on.
UCHF little more to sink to downside stops today but it's already pretty far down so light shorts here, add more on any retraces upside.
EU: respite for longs today, 875 is the pivot. Once it clears there upwards, it's pretty safe to go in hard for the day, but it's temporary.
GU: long
EY: looking good for longer term longs.
AU: looks pretty cooked. Short.
So basically risk on. Admittedly with Spain being cut to junk status news doesn't support. Spain's at 50% youth unemployment, poor feckers -Talking of euro crises, about time Germany did the honourable thing and left the euro but that's another story.