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Everybody has a weak point, mine is bollinger bands, should be trustfull in the most of moments, one of the bestest use of it is the strong breaking of a squeeze, no use to give us signal of good entering at the most moments. On closed markets, just sharing a personal view...
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EUR/USD, flip or flop?
Today EURUSD did not correspond to the expected, many may think it was just a flip downwards (as open sentiments show us, almost 40% long positions) with a strong recovering to 1.32, but as we see, it signalizes more a demand flop try than a long signal. No upward trend will come until we don't see a strong accumulation in the turn.
Buying EUR/USD?
As it was expected, EUR/USD gave a clear short signal, who really did not enter? Maybe one of the best opportunities in FX market by now.