Us/chf (already entered had it set ahead)
Upcoming:
Eur/Jpy, reaching into BTM area ( 109.24/ 109.05) first level for reversal..."Turn-around-Tuesday"?
Daily turn: shows 109.06 BTM area... 1st reversal area...extreme number 108.35 (based on volatility extremes)...looking for reversal at first level...use stops as always
all other pairs still to far out from either end for now...IMO
THESE ARE NOT TRADE SIGNALS Calculating probable "Turning Points" Not necessarily the Daily swing (although this is common). Generally "levels" are hit during the U.K. Trading sessions * I use a 15 to 18 pip buffer (+ spread) Most "turns" are good for 25+ pips BUT, not uncommon for 50+ pip runs I try to add possible target amounts based on averages. NO GUARANTEES...IT IS FOREX!!
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