This looks like a little late Friday game, I can see 3/4 of the traders have left for the weekend and and few sitting around playing with the market out of boredom kind of like my FAZ trade.
As for the Euro which has obviously been the main catalyst today as the charts showed in yesterday's post...
Th 1 min which is the fastest, shows distribution in to the pop up, is it serious?
The 2 and 3 min charts don't have anything that would suggest it is, it just seems like a fishing expedition to hit stops.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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