Relief Rally
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Started by 7475 - Dec. 7, 2021, 10:03 p.m.

Yeah,

 I think were having a relief rally in the AUD/USD.

 Nice breakout of oversold RSI and MACD is ready to cross over on an upward swing.

Hope I dont get stopped tonite- risking 20 pts.

 John

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By MarkB - Dec. 7, 2021, 11:05 p.m.
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Similar reaction in CD. The question is "why?". Has some new deal been made with China? Interest rates changing? Perhaps the lead up to today's discussion between Putin and the inept? Looking for the answer. Take the profit when you can.

By 7475 - Dec. 8, 2021, 6:55 a.m.
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I remember the currencies being much more "stable and steady as she goes" in the pre-Trump world but now---aint no telling.

Volitility I guess you call it , but a bitch to trade. Stops have to be extreme. Worse than live cattle!

BOC interest at 10 - wish I could be here to watch that.

Good luck ,Mark, if youre in the game today.

  John