THERE WAS NO RATE INCREASE, THERE NOT MUCH ELSE TO SAY, THE BOTTOM LINE IS WHEN THERE'S A RATE DECISION, DEPENDING ON WHAT LEVEL TRADER YOU ARE, IT CAN BE A GREAT DAY, IF THEY ARE HAWKISH AND YOU ARE ON THE CORRECT SIDE OF THE TRADE, I'M TALKING ABOUT A 150 TO 250 PIP BULL MOVE MAYBE MORE.. THAT'S A GREAT DAY FOR A TRADER. B.O.E. STATEMENT WAS FIRM, NOT DOVISH...
STERLING DID BULL PAST THE SECOND RESISTANCE LEVEL, 1.6174 IN TODAY'S SESSION TO HIT, A HIGH OF, 1.6181..(10:15 A.M. EST.)
OK, GOING INTO FRIDAY THE LAST DAY OF THE WEEK, BE CAREFUL, THERE IS A LOT OF FUNDAMENTAL DATA COMING OUT INTERNATIONALLY THIS LAST DAY OF THE TRADING WEEK, MORE THAN I HAVE SEEN IN A LONG TIME..... THIS LAST DAY SEEMS TO BE FULL OF FUNDAMENTAL TRADING SESSIONS, NOT TECHNICAL!!
MAJOR FUNDAMENTAL RELEASE, WHEN I SAY MAJOR I TALKING ABOUT THE NUMBER OF RELEASE WORLDWIDE:
11 RELEASES FOR CHINA BETWEEN, 9:30 P.M. EST. AND 1:30 A.M. EST.
2 STATUS-HIGH
6 STATUS-MEDIUM
3 STATUS-LOW
5 RELEASES FOR THE EURO BETWEEN, 2:00 A.M. EST AND 5:00 A.M. EST.
3 STATUS-HIGH
2 STATUS-MEDIUM
6 RELEASES FOR STERLING AT, 4:30 A.M. EST.
3 STATUS-MEDIUM
3 STATUS-LOW
5 RELEASES FOR CAD AT, 8:30 A.M. EST.
2 STATUS-HIGH
2 STATUS-MEDIUM
5 RELEASES FOR U.S.D. BETWEEN, 8:30 A.M. EST. AND 9:55 A.M. EST.
1 STATUS-HIGH
2 STATUS-MEDIUM
2 STATUS-LOW
DAILY TECHNICAL'S FOR STERLING:
SUPPORT FOR A BULLISH STERLING IS, 1.6131 (CURRENTLY AT, 1.6131)(8:08 P.M. EST.)
THE NEXT BULLISH RESISTANCE LEVEL TO BREAK IS, 1.6169 IF THE TREND CONTINUES BULLISH THE NEXT LEVEL WILL BE TECHNICALLY, 1.6194 AND A STRONG BULL REACHES A BULLISH LEVEL OF 1.6230 AND HIGHER IN TODAY'S SESSION...
IF STERLING DOESN'T FIND BULLISH SUPPORT AT, 1.6131 THE NEXT SUPPORT LEVEL WILL BE, 1.6093 IF BEARISH VOLUME CONTINUES THE NEXT TECHNICAL SUPPORT LEVEL IS, 1.6068 AND FINALLY IF THE TREND CONTINUES TO DROP THE LAST LEVEL OF SUPPORT IS, 1.6032 BEFORE BULLISH VOLUME RETURNS.
PLEASE REMEMBER THAT FUNDAMENTAL DATA, SUPERSEDES TECHNICAL DATA,
THE NUMBER OF RELEASES ARE SO HIGH IF YOUR CURRENTLY FLOATING ANY
NEGATIVE LOTS, YOU SHOULD CLOSE THEM OUT AND WAIT FOR THE DATA, IF DOING THIS PROCEDURE DECREASES YOU BALANCE TOO MUCH, YOUR SITTING IN NEGATIVE TRADES TWO LONG....
TRADE WITH THE TREND.........
THANK YOU FOR YOUR TIME AND HAVE A GREAT DAY....
WWW.SPEEDTRADER24.COM
WWW.CREATESPACE.COM/3597011
EMAIL: IDOMINATEFX@GMAIL.COM
CATCH US ON, FACEBOOK......
STERLING DID BULL PAST THE SECOND RESISTANCE LEVEL, 1.6174 IN TODAY'S SESSION TO HIT, A HIGH OF, 1.6181..(10:15 A.M. EST.)
OK, GOING INTO FRIDAY THE LAST DAY OF THE WEEK, BE CAREFUL, THERE IS A LOT OF FUNDAMENTAL DATA COMING OUT INTERNATIONALLY THIS LAST DAY OF THE TRADING WEEK, MORE THAN I HAVE SEEN IN A LONG TIME..... THIS LAST DAY SEEMS TO BE FULL OF FUNDAMENTAL TRADING SESSIONS, NOT TECHNICAL!!
MAJOR FUNDAMENTAL RELEASE, WHEN I SAY MAJOR I TALKING ABOUT THE NUMBER OF RELEASE WORLDWIDE:
11 RELEASES FOR CHINA BETWEEN, 9:30 P.M. EST. AND 1:30 A.M. EST.
2 STATUS-HIGH
6 STATUS-MEDIUM
3 STATUS-LOW
5 RELEASES FOR THE EURO BETWEEN, 2:00 A.M. EST AND 5:00 A.M. EST.
3 STATUS-HIGH
2 STATUS-MEDIUM
6 RELEASES FOR STERLING AT, 4:30 A.M. EST.
3 STATUS-MEDIUM
3 STATUS-LOW
5 RELEASES FOR CAD AT, 8:30 A.M. EST.
2 STATUS-HIGH
2 STATUS-MEDIUM
5 RELEASES FOR U.S.D. BETWEEN, 8:30 A.M. EST. AND 9:55 A.M. EST.
1 STATUS-HIGH
2 STATUS-MEDIUM
2 STATUS-LOW
DAILY TECHNICAL'S FOR STERLING:
SUPPORT FOR A BULLISH STERLING IS, 1.6131 (CURRENTLY AT, 1.6131)(8:08 P.M. EST.)
THE NEXT BULLISH RESISTANCE LEVEL TO BREAK IS, 1.6169 IF THE TREND CONTINUES BULLISH THE NEXT LEVEL WILL BE TECHNICALLY, 1.6194 AND A STRONG BULL REACHES A BULLISH LEVEL OF 1.6230 AND HIGHER IN TODAY'S SESSION...
IF STERLING DOESN'T FIND BULLISH SUPPORT AT, 1.6131 THE NEXT SUPPORT LEVEL WILL BE, 1.6093 IF BEARISH VOLUME CONTINUES THE NEXT TECHNICAL SUPPORT LEVEL IS, 1.6068 AND FINALLY IF THE TREND CONTINUES TO DROP THE LAST LEVEL OF SUPPORT IS, 1.6032 BEFORE BULLISH VOLUME RETURNS.
PLEASE REMEMBER THAT FUNDAMENTAL DATA, SUPERSEDES TECHNICAL DATA,
THE NUMBER OF RELEASES ARE SO HIGH IF YOUR CURRENTLY FLOATING ANY
NEGATIVE LOTS, YOU SHOULD CLOSE THEM OUT AND WAIT FOR THE DATA, IF DOING THIS PROCEDURE DECREASES YOU BALANCE TOO MUCH, YOUR SITTING IN NEGATIVE TRADES TWO LONG....
TRADE WITH THE TREND.........
THANK YOU FOR YOUR TIME AND HAVE A GREAT DAY....
WWW.SPEEDTRADER24.COM
WWW.CREATESPACE.COM/3597011
EMAIL: IDOMINATEFX@GMAIL.COM
CATCH US ON, FACEBOOK......
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