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Lamplighter replied Apr 9, 2019Downside targets - looking at 1.12650 as a level, for both resistance and up trend confirmatory bounce point. Looking for a correction/test after today's tentative moves. Could be wrong of course.
EURUSD only
- Lamplighter commented Apr 9, 2019
So from 'QE' we now have 'QT' - cute. Advanced economies need time to build up a sustainable growth arc - a generation usually. So asking for the FED to throw dollar bills into the boiler would mean a bright flash then plenty of ash and a nasty ...
Fed hits back over Trump claims that monetary 'tightening' is hurting the economy
- Lamplighter commented Apr 5, 2019
Rock, Paper, Scissors, game in slow-motion.
Brexit: Government offers 'no change' to deal, says Labour
- Lamplighter replied Apr 5, 2019
Could see a little push up before London close - as a holding position, before a testing drop on Monday. Am flat for now. Downside bias without significant Euro news. Brexit waves not expected until next Thursday - if no unanimous extension offered ...
EURUSD only
- Lamplighter replied Apr 5, 2019
Goes to illustrate that NFP moments are used to 'sweep out' weak hands with stops inside the daily ATR. Looks to be oscillating around the mean for this week. Taking the wins as they show up, not going to look further than intraday for now - but ...
EURUSD only
- Lamplighter replied Apr 5, 2019
Non Farm number today could be the signal that gives direction for next week. This crawling retrace feels well hedged. H4 EUR looks soft but we could still see a dash for 1.12500 to flush out KLOS shorts before a dive down back into the range - ...
EURUSD only
- Lamplighter commented Apr 5, 2019
Brexit exit. Until the next time - maybe. The long game in play - no exit = entrist UK MEPs push for a reformed EU.
Brexit: UK asks EU for further extension until 30 June
- Lamplighter replied Apr 4, 2019
Yup if it goes that way - will probably fade the sell and scale in accordingly.
EURUSD only
- Lamplighter commented Apr 4, 2019
Isn't this usually a signal that something is going happen - 'out of nowhere'... cycles - that is the nature of things.
Despite the unnecessary and destructive actions taken by the Fed, the Economy is looking very...
- Lamplighter commented Apr 3, 2019
The Punch and Judy Show continues. At times like these best to only take not of what the actual leaders say not the intermediaries. The later could be spinning the 'news' just for their own ends.
Brexit: May's talk with Corbyn “did not go well” - UK Gov' sources
- Lamplighter replied Apr 1, 2019
Dollar strength on the major crosses - Euro nothing data-wise to move it yet either way (note EUR against GBP).
EURUSD only
- Lamplighter commented Apr 1, 2019
Lesson in life - learn about finance early, and never be 'sold' anything.
Company persuades Arizona couple, nearly 90, to buy $150,000 timeshare
- Lamplighter replied Mar 27, 2019
Feels a bit like a ballon deflating - retrace not had/got conviction at the moment as we're heading for London close - a new bottom being looked for. Currently penciling at 1.12336 on historical H4. If it goes this way - could see some ranging in ...
EURUSD only
- Lamplighter replied Mar 26, 2019
Next support to be tested 1.12950 if there's conviction in this down move. Be wary of catching a falling knife - they tend to bounce off the floor.
EURUSD only
- Lamplighter replied Mar 25, 2019
Sold and out - before London close. As mentioned I'm just not seeing an 'energy' for a push back to last week's highs. (Background of Trump getting a free pass and the EU still hooked on the Brexit line it will take some significant data to 'turn ...
EURUSD only
- Lamplighter replied Mar 25, 2019
Indeed 'rules' are often props to justify a position - but also targets to be broken.
EURUSD only