Mmmm, nothing like a newsflash to prove you wrong....Gertje wrote:The position in the CSS on the info-chart;totty23 wrote:Gertje, what is the 1/3 and 3/1 reference here please. I am very weary of trading short when green is showing, could you explain a little more your theory. Thanks for all your posts.Gertje wrote:I would [am] short it.sponn wrote:And the question is... is this a right time to short the eur/usd... ? CSS is not in place but rsi is flat, and we have 240 not so far. Also WS line is far far away so it "could" be great setup.
In the other hand euro is very strong today. The question is what EU summit decide and how good/bad will be usd news.
CSS H4 says EUR/ USD is 1/3
CSS D1 says EUR/ USD is 3/1
EUR is intraday stronger [retracing] but long term USD wins. Time to set pendings....
- 1st and 3th [now 4th] on the H4
- 3th and 1st on the D1
Indicating that the USD is still the stronger on the longer term, hence a short EURUSD.
I can't use the CSS on the charts, so no idea about the colour. Am having some DD right now, but since the info-chart tells me in "the future" the USD will win, I let it run.
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