Disliked{quote} We trade the future as best we can and react as best we can. Friday eurusd several pushes down after run down but those pushes had big bears in them and yet were not really going anywhere + signs someone was buying + news due in afternoon - big guys needed to find someone to sell their euros to - and after news they hunted the ducks above 1.1350 - they kept pushing up and getting repulsed. We need to learn to interpret what is going on by feeling it but FTI is correct the feel is objective. Whatever we do it can still go pear shaped and...Ignored
to be honest, im thinking eurusd is 1.1300, only 50pips away, should have a huge cluster of stops, both eurusd and gbpusd is strong downwards momentum, plus its a daily chart support / low point, implying a huge stop cluster down there. so monday we can expect interesting moves either to pop the stops near 1.1375 then go down for 1.1300 or they may just go for 1.1300 right away, however, in the case where they do bottom, we could see interesting plays around that price if market wants to have possible lop on the daily form there.
no probs i love to discuss such topics too.
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