Thursday, August 24, 2023

TPOT 082423

So today we have Lesser News after yesterday being peaceful without trades.





DXY is NFT but price is already at discount and momentum is still upwards. Most likely ++ trades would be LONG EU and GU and SHORT Swissy



EURUSD
4H has been breached right away but still NFT.
I will not take trades on EU until next BIAS is clear.



GBPUSD
Still SFT as yesterday but we are in premium we can look for shorts. I do not like how it pushed down yesterday with the SFT but seemed to have reversed.


Swissy
4H Breach also

Given these I do not see any trades during London. We have to see what happens later after the 830AM News and look for trades there.
We gain profit as free time right now to do other things! Priceless!

PS:
I tried to take a GU trade during Asia. Here it is right now before start of LONDON KZ.
Will it TP? Let's see!
Update: TP HIT for the Asia short. So it does work in Asia provided a large move happened the day before and Asia can become the continuation



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