Monday June 19, 2017 - 09:56:00 GMT
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Amazing Trader Ideas For 19 June 2017 Register To Test Your Amazing Trader
This is a remarkably light week for Event Risk releases. The USD is trading mixed in subdued conditions. Once again. I am letting the yield on the yield on 10yr note do the talking. Below 2.20%, my bias is bearish the USD and above I turn constructive. I let the Amazing Trader charts set my trading stategy.
Today the EURUSD HOD has been 1.1211, while the LOD has been 1.1182. Let the neutral 1.1200 level as set the tone. With the week is thin in terms of event risk, keep a close watch on the technicals and your Amazing Trader charts.
Forex trading conditions can change quickly, so use your AT charts to monitor current support (red) and resistance (blue) levels. The technicals frequently change ahead of the fundamentals. Changing colors and/or disappearing or new lines on the Amazing Trader (AT) charts will tell you which way the winds are blowing. Keep an eye on which color lines are being drawn or erased as your leading momentum indicator.
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