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Hesitate

by Gav Leave a Comment

We have some good interactions in the comment section of my previous post “A note to my friends‘. Thanks guys.

While waiting for the dust to be settled, I still carry on my daily chart scanning process. Generally, Dollar is again showing weakness. But, I have doubt. The much expected rate cut is already priced in. Do you still look for a further weaken dollar? I don’t know, mate. What do you think?

Looking at Aussie and EURO both are still within trading range. At least, I am not rushing in to Long at the moment.

This might as well be another quiet week for me. By the way, some self observations, the longer I trade, the bigger timeframe I am looking at. Minutes or even seconds chart are way too ‘scary’ for me now. Maybe I am getting old. LOL.

Filed Under: Trading Journal Tagged With: FX, Trading Journal

Reader Interactions

Comments

  1. Hector says

    at 5:28 pm

    Same here Gav, pretty boring week and I just don’t know what to make of this interest rate cuts we’ve seen as of lately. The market’s clearly upset and lacking syncronization.

    It’s waiting time mate.

    -HECTOR-

    Reply
  2. Hector says

    at 4:28 am

    Same here Gav, pretty boring week and I just don’t know what to make of this interest rate cuts we’ve seen as of lately. The market’s clearly upset and lacking syncronization.

    It’s waiting time mate.

    -HECTOR-

    Reply

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