Yo pennies, before you go, just thought I would let you guys know that I closed an EU short that I have been setting on for a couple of days. Got 33 out of it. It's fun to go fishing and get paid for it.. may have to go pro. Like the man say's "set & forget".
A couple of observations that I noted regarding today's & last night's trade action.
1. Looks like the GU kind of led the way down. It was the first of the dollar pairs to drop last night. Maybe not the norm because no news this morning, but I am going to kind of keep an eye on this to see if their may be some kind of key associated that may repeat.
2. 3-5 pip miss last night on the GU demand zone now has me a firm beleiver in 'if it has not hit the zone, don't try to anticipate and expect a price reversal. Even if it is only a couple of pips away. I would have gotten buned last night had I tried to "guess" which way it was going to go. I now want firm touches, or firm break thru's only regarding the zones... And that's what the manual says, so gonna stick with it.
Have a good weekend guy's.
