DislikedIn my opinion, its not that reliable to base your trade jsut on correlation. As much as a guide it is, it is just a guide. If you are trading fundamentals with a 200 pip stop, then you are still fine. You still have about a 100 pip allowance to be proven wrong.
But from a short term technical standpoint you are wrong. If you look at the daily chart, you will notice how price bounced on a support and went staright up. Granted, right now we are seeing some hessitation but it is not enough signal to short. At least not until we see more price movement....Ignored
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The trend is my friend? The world casino is my friend!
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