Further downside on the horizon?

9 Kas 2015

BOE dovish, Fed hawkish and with a rate hike back on for December, the old lady will most likely tumble further.

We should go into consolidation mode today before resuming the down trend. Market will most likely test the 1.5100/1.5200 levels first.

10 Kas 2015

Yorum

High of 1.5145 reached

11 Kas 2015

Yorum

High of 1.5186 reached - price action behaving as predicted.

11 Kas 2015

Yorum

1.5194 hit. Will consider entering a short, will wait to see what happens at the London FIX time.

12 Kas 2015

Yorum

Entered Short at 1.52.40 with stops at 1.5300 - TG area 1.5000 then 1.4800