Almost 220+ pips in two sessions. Haven’t seen so many pips together in my hands for a long time… That’s the way I like it….
…though I lost a lot of pips in other pairs by being greedy…!!!!!!
As I mentioned in my previous post the channel seemed too steep and wide(but worked good for the entry) so I made minor changes last night but had no time to post it. You can see them in the new chart.
I also drew a new downtrend pitchfork (doesn’t fit perfect on the chart and may see some changes later). EUR slipped so fast that I’ve made more pips than expected on the move down but that also made me think about continuation of the down trend. Uptrend channel still intact but it seems like EUR$ will form another small 8-12 hour triangle just above its bottom in the next session and when this triangle is broken may unleash another fury in either direction, but I can’t see anything clear this time and I’ll wait for the European session.
Please dont follow my charts(especially the arrows in the future
) if you cant afford to lose the money!!!
