matrix

Although many see the last 8 months as a Waterfall event regarding the Euro$ off Draghi’s verbal bashing as it neared 140 ….L@@King back since the 160 high it looks more like “been there done that” the last 8 months have not fallen further than the 3 previous dumps…..yet

How this chart will L@@K by the end of Jan is anyone’s guess…the ECB meeting will need to be digested along with the Greek elections creating some headline news and the FOMC meeting Jan 28th…could the key 122.50 be tagged off a back test or will 108 be in play…..???

While the world markets deal with all this starting the New Year of 2015…day trading is offering some safety imo ….for those fortunate enough to be able to watch the tic-by-tic action….

Those who choose to sit in CA$H while the Circus is in Town, not a bad approach, as after all this is digested Feb could be a great momentum trading month.

CHEER$!