Seeing that not much of a change in terms of price action so far, so I'll be waiting for the EMA 8,12 (hourly chart) to cross before I go buying again. It is interesting that the EJ has rebounded quite strongly from its 165.00 support. A push above 166.50 is needed however to resume its move forward, further upside is in favor for a retest of 167.72 high. Keep your fingers cross, enter only after you got your signals, otherwise the risk is not worth the effort.
Still holding on to my 162.20 position (350 pips already)
Daily Pivots--> 163.23, 164.08, 164.90, 165.75, 166.56, 167.42, 168.23
Good for swing trading.
4H Pivots)--> 164.63, 164.93, 165.32, 165.62, 166.01, 166.31, 166.70
Good for intraday trading.
Here is my overall profits for last week's trading.
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