"Disregarding
the big swing and trying to jump in and out was fatal to me. Nobody can catch
all the fluctuations. In a bull market the game is to buy and hold until you
believe the bull market is near its end." Jesse Livermore
For today might
be long opportunities on this cross - which means sell option on EURUSD
simultaniously. Yesterday the pair was pushed sharply lower close to the big
resistance line at 0,9323. In the last two days traded only under 0,9394 area
and so far has not been able to break out from this range. But the sentiment
has changed during the night and this morning. Stabilized after the
yesterday slight dipping.
The weakness of
the dollar seems over. So today on USDCHF could be a good entry for long. Now
traded the cross at 0,9364 and the next big resistance line is at
0,9395. If this zone if taken out will turn focus to the 0,9465 level. It
should be broken still today.
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