Will it, will it not?

Good Evening Dynamic Traders,

Congratulations to Hina for winning the competition, very well analysed :o)!

My apologies for not updating last evening, after attempting to do my daily homework last night for a period of time, I found myself to not be in the correct frame of mind so had to walk away from the laptop. We all have these times and its best to avoid trading as it is the time most mistakes tend to happen usually by either seeing things that are not there or just being reckless.

On Sunday night's update I spoke to the EURUSD, price has not found it difficult to penetrate the strong support highlighted on the daily chart and has also infiltrated the golden mean. It is now heading towards the key Fib reveral areas though before it gets there, it may see some drama by way of slowing down or pullback at the 1.300 area. Trade management will be key to profit preservation.

The Cable has been in consolidation/range bound for a period of time. The price is again heading towards a level which has proved to be good solid support. Price has tried on at least 3 different occassions to breach it but has failed and retraced and looks to test it again. One to keep a close eye on for opportunity when the time is right either way. Please do your own analysis and apply the precious filters available to you that aid safer trading.














Question 2
Will this behaviour move towards what I want or am I settling?


Good Trading!
Bijal Shah