riffster21

Nice Grouping, again - Market Barometer Update

OANDA:EURUSD   Euro / US-Dollar
Hi guys, as I mentioned yesterday, we would some strong 'directional' moves. Those moves are finished and the Market Barometer is consolidated (again). We should get more 'strong directional' moves. Probably in the opposite direction this time. Why opposite direction? Because the Market Barometer over extended and we usually get a reversal after a huge over extension.

Sorry for no posts last night. Decided to sleep :D

This is not investment advice, just my opinion(s). Please trade accordingly.

Trade safe and keep an eye on news.
Kommentar: The longer term outlook (Daily this time). The daily is very 'laggy', but its good for a general overview of trend strength and positioning.

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