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thanks @rassi! could happen though the 4 hour and 1 hour are looking rather bullish for the near term.
closed out the london short to break closer to even in sim then took a long for 30 sim ticks (went to lunch so set a limit order). so up $54 sim bucks!
Dollar hasn't stopped its correction yet. More upside for the euro. 1.10 possible? Uptrend from the week still isn't broken. Currently flat as I don't the stomach to withstand all the corrections.
currently sim long. looking for a penetration of yesterday's high. though I got sliced/diced in the mornings price action.
today we get more data with CPI in US at 1430 and EU in 20 min. Next FOMC is 28/29 april so this could be a catalyst to release us from the trading range if the recent US economic weakness influences the FED tea leaves.
maybe time to take profit for the week? head and shoulders forming. high volume bars at the end of trend. bear flag on higher timeframe. might consider a short after CPI #s
