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Mark Wogan: Waiting on US mid-terms for EURUSD direction

Good morning traders.

Pretty much the same today as yesterday. We are still waiting for the results of the mid terms on Wednesday to provide direction and then the FOMC on Thursday. The final results won’t be out until Wednesday but there will be some states declaring late tonight. Watch out for any volatility as the results come in.

It was a fairly quiet Monday as we expected with one possible set up at around 1.1350 which was on our radar from yesterdays Diary.

So today I will simply post my charts, show you the levels I´m looking at and lets get on with it.

There´s no point talking when there´s nothing new to say.

The Charts

Daily Chart

Hourly Chart

Talk more once we get a clearer picture.

Mark Wogan

Mark Wogan

Hi. I started my investing / trading career in 2000 and since 2011 I have been trading on a full time basis.

My focus here will be the currencies and in particular the EurUsd pair and I will post my charts on a daily basis marking up the levels I´m interested in and comment on the bigger picture context and anything else I´ll be watching out for during the day.

I also do a little coaching on a one to one basis so if you´re interested in learning how to trade just give me a shout and we can have a quick chat.

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