Here are my top line thoughts on what’s rocking my boat. It was done last night before the Merkel coalition break down and EURUSD has surprisingly took it on the chin. I mentioned 1.1740 and you could argue the break failed as session lows got to 20’s. This is a key level still for me going forward.
I hope you enjoy it and please feel free to make comments.
Swapped the TV screens for the trading screens.
Philosophy: "Define your risk, only then can you ignore it"
Read how Patrick got into trading here
Philosophy: "Define your risk, only then can you ignore it"
Read how Patrick got into trading here
Latest posts by Patrick Reid (see all)
- How to trade: A LEVEL - August 4, 2018
- USD mixed – a bit like me - June 5, 2018
- What is the market focused on ? Over to you trader. - May 29, 2018
The 200 bar MA on the 4 hour chart was strong support for the EURUSD in Asia today. That level came in at 1.1724
At the same level, there was a trend line and the 38.2 fibo (sep – nov).