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16th Nov 2018 - Forex Diary

Writer's picture: fxcorrelatorfxcorrelator

07:45 am GMT

morning ............all quiet on the western front at the moment .............it will liven later G8 volatility is pretty low so far london.......nothing showing its hand to me so far .....in fact only currency moving is NZD kiwi dollar.....its fell a little from 6am opens......... NU 6830s to 6820s so far ...........but hardly worth it

08:00

ok I have started working cable south guys ...2800 to 2780s in last few minutes

lets see if i can keep working the scalps in this direction

08:04

NZDUSD still a decent resell when offered .........even cable not playing much at moment .....

08:06

if gove resigns we will get some action

10:10 am

ok bit of a dogs dinner so farim still trying to sell Cable when offered ......but its hard workin truth the correlation of the G8 is not in sync with my preferred style as i said earlier (ABOVE)

NZD is the sell.....and the sensible trader today would have just sat back and scalped NZDUSD ............a little slooooow motion ...but safe safe safe ...BUT WHERES THE FUN IN THAT ?.........(do what i say not what i do ?)

17:53 pm GMT

us open earlier put immediate sell pressure on CAD and GBP .......

been selling cable down from 2860s to 2800s so far ....

i couldnt justify buying Ucad until earliest 3140s up to 3170s so far


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