Price moves for two reasons:
1. Liquidity
2.Imbalances
In this chart we have BOTH. After a afternoon of going NORTH and the DXY being Bearish it's only right that the BULLS on the DXY have a turn and now EURUSD has dropped off it's passengers at the North Pole
and is ready to head back south to retrace its 101 PIP ADR.
So why not book a ticket on this Flight South to the Islands for the weekend?
It's a lot of news tomorrow so it's a good time to jump on this SHORT south and be done for the week end:)
Price goes UP.
Price goes DOWN.
Price consolidates.
Nothing more. Nothing less. You are either right or you're wrong. I jumped on board very early and so far it's Blue skies and smooth rides.
Never over leverage.
Trust your trade set up.
Have Fun!
I Am PRO TRADING MADE SIMPLE
Have a Great weekend!
EVERYBODY EAT$