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Results of Mid-terms should start coming through around 11 am...

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Cooder

320 Posts.

07/11/18

08:13

Post #: 36411725
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Originally posted by davenz ↑

Originally posted by RickM
It MAY cause a sell off but TODAY is not that day.

We will see a impulse candle down on the H4 if that happens but I only look for a trade candle by candle. The moment a large Bearish engulfing Candle comes along, I will react and wait for confirmation of that move before selling.
Many of the US pairs are at a strong resistance area waiting to push through and send the US weaker.

My mirror ball TA suggests the US is going to tank.
But I will close all trades tonight anyway.
I hope it tanks .. !

I'm sitting in cash until the results - In case I'm wrong and we do get a large reaction - I'd rather not get stopped out at a loss.

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Results of Mid-terms should start coming through around 11 am AEDT. Like you say Dave
smart to wait a little while longer.
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