The market today (or tonight) was waiting for a dreaded US data to use it as a reason to sell off the dollar, when the euro broke its 1.3290 trendline resistance. Just after the news broke out, which reported at 848k vs expected 990k, the euro climbed higher all the way to 1.3345 in a matter of 15 minutes. I missed the trade anyway, so damned it!
I always look at my 4-H chart armed with 5-13-1 MACD setup to detect which way market is going. So from my plain view, right now it looks bullish because the MACD histogram is starting to become zero, and I don't want to take a risk when such happens. I will buy when the MACD prints negative, confirmed with my 15-M chart. So now, I just stay aside.
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