Hey guys,
I had some mic issues today and I could not shoot the weekly analysis at the normal time. I got a new mic eventually and I manged to get it out today. Things have changed a little this week, in my opinion the 207.00 line is not a good line anymore and as I write this I can see that it actually reversed a little. The analysis I shot was a short time after the initial break and I basically said I was not getting in however that’s not much help now.
If you got into the 207.00 break I can see why you entered and it was not a bad move on your part. I was actually tempted to enter, it looked like it could be a good trade but I just had a feeling it wouldn’t work. The bottom line is even the best traders get the occasional bad trade, it is impossible not to so if you got in this trade and lost pips just brush it off and get ready for the next one.
This week it is mostly scalps this week only one proper line.
Check out the analysis!
Regards, Nick
P.S. To all you Americans that have emailed me about my date being wrong….. in the world outside America the date is written day/month/year. I think you are the only or one of the only countries that’s writes it month/day/year.