In-depth Analysis EUR/USD & AUD/USD

We've gone through the logic for all sorts of ideas and rules connected to recent movement on the eur/$ and aud/$ pairs. We will never notice everything but of course we don't need to. It's only in the moments it appears as though everything is understood and explained that we take positions. Always keep in mind that the true test is not the accuracy of your thoughts and ideas moment to moment but the accuracy of your behaviour in opening and managing positions. This clear distinction gives you the freedom to explore all ideas from all angels and change your mind as much as you like whilst you build your understanding. It are the ideas you settle on firmly enough to act on that requires close reflection so better decisions can be made across time.

EUR/USD

The eur/usd needs to test the high close at 1.1795 and reject on the day before we will be looking for a position. Both directions are possible so movement must be monitored closely on smaller time-frames to track momentum.

Bank holidays starting thursday so we're up for a 4 day weekend. It is unlikely I will post again this year. Next year will is going to be a big one, I can feel it.

Happy New Year 🧨