Crazy Monday
Crazy Monday
I’ve got a laundry list of technical issues to deal with this morning, so please forgive the brevity of today’s update. As the tape is still running in circles chasing its own tail courtesy of some of hare-brained Fed rumors there unfortunately remains very little to work with:
GBP/CHF may be a long if it drops a bit more – 1.48 would be best. Under normal circumstances I would have risked a small entry here but I just see too much whipsaw and my entries now need to be nearly perfect to be justify the whipsaw risk.
AUD/NZD – also waiting for a little drop lower here. I do like the daily formation still however it did not break higher near 1.131 and I would prefer it a bit lower. Come to think of it – if it does a more conservative stop than the one on my chart may be good medicine.
Alright, I’m smelling smoke – need to run – catch you all later.
The future is now – so don’t bring a knife to a raygun fight. If you are interested in becoming a Zero subscriber then don’t waste time and sign up here. A Zero subscription comes with full access to all Gold posts, so you actually get double the bang for your buck.
Cheers,
