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- Entering trades on confirmation
Hi Today after watching a video on {url} and asked him Isnt entering a trade after confirmation ...
IMO this is end of the bear trend at least for next few days.
revenge trade?
Nothing is changed hence the whipsaw
Pls share
Hi Today after watching a video on {url} and asked him Isnt entering a trade after confirmation ...
Can anyone put any examples with entry and exit
Long AUDNZD targeting 1.05
The more they delay, the less likely the cut is going to happen. China and global economy is already recovering.
Soft dove
Retail foreign exchange trading is a small segment of the larger foreign exchange market where individuals speculate on the exchange rate between different currencies. This segment has developed with the advent of dedicated electronic trading ...
very possible
Big banks are not interested in retail traders position. Retail traders only account for 5% of market and cannot move the market.
expecting another sharp drop today
can you summarize your strategy
Bear time!
I think it will reach the target today. Notice the cup and handle/ascending triangle formation.
If it doesn't reach 1.118 today then bulls will lose interest and bears will take control.
EURUSD's target 1.11 hasn't been reached although the FOMC high and psychological 1.10 is touched. But sometimes fundamentals can beat technical so it could be the end of the trend. Also note AUDUSD touched .79. NZDUSD a bit shy of major trendline ...
It will consolidate a bit and reach 1.11-1.12 then start the move again to the downside.
Short on Monday targeting 1.065-1.07