DislikedThere were no specific selling pressure on this down move, modest volume on a day with indecession and profit taking. I am certain it will push up over the next 2-4 days. Let's hit 44x so we can focus on the real downmove. When we hit the big bears we will know and see volume and momentum picking up. Today was not such a day.Ignored
i do not look at volume, i don't know exactly what can the volume show in medium/long term.
first move need to have a bit of hesitation ( that's the way i understand it) second is much stronger( maybe then the volume shows)
the idea is simple, i need to make some decision and i need to have 100% trust in it (i guess trading forex is closer to religion than to knowledge of real economy faith will give you salvation or not , if i am wrong shit happens
but right now i have to believe we will get some retrace because i haven't seen any since we started run on 13.08.2010
i know everyone is focused on printing money by FED right now and we have strong bull trend on eur but it's simply to hight for me to buy
and as many have said i believe all this fed printing is priced in
the same with reports of us stocks , the last result is released and selling begin
i do not get this 1,44 level, is it the same as parity some time ago?