Hellow everyone,
I recieved some messages asking about my method, in this page i'll answer all:
Simply I mix fundamentals with technical signals (Plus : currencies effects to forcast next movement), let me give an example:
yesterday, GBP jumped to 1.5250 after US new home sales announcement while EUR/USD & AUD/USD responded late after more than 60 minutes - Euro reached 1.28 and AUD reached 0.6585
From here we go ( Responded late): but who is the leader? yesterday GBP/USD was the leader but is that everytime? the answer is no. the GBP lead other currencies to go up against $, then, EURO lead others to fall down.
Lets take alive example in short term trading:
Now, AUD testing 0.6180 resistance, its a very strong and i expect it go up to 0.6330 and 0.6420
We will open position buy AUDUSD @ 0.6180 target 0.6330 SL@ 0.5970
and lets see the movements of EUR & GBP they are @ 1.2510 & 1.4750
I recieved some messages asking about my method, in this page i'll answer all:
Simply I mix fundamentals with technical signals (Plus : currencies effects to forcast next movement), let me give an example:
yesterday, GBP jumped to 1.5250 after US new home sales announcement while EUR/USD & AUD/USD responded late after more than 60 minutes - Euro reached 1.28 and AUD reached 0.6585
From here we go ( Responded late): but who is the leader? yesterday GBP/USD was the leader but is that everytime? the answer is no. the GBP lead other currencies to go up against $, then, EURO lead others to fall down.
Lets take alive example in short term trading:
Now, AUD testing 0.6180 resistance, its a very strong and i expect it go up to 0.6330 and 0.6420
We will open position buy AUDUSD @ 0.6180 target 0.6330 SL@ 0.5970
and lets see the movements of EUR & GBP they are @ 1.2510 & 1.4750