DislikedI think I know the answer but does the rate at which the price moves (momentum?) relate to how real or fake the move is?
For example the quick drop after Bernie yesterday took hours to recover. And today took under an hour to fall away again. Does this mean that the market is truly biased short rather than long?Ignored
also, the retracements are of poor quality.
also, on higher time frames the line goes from the top left of the screen to the bottom right!
I'm shorting euro mainly through EURAUD though - a major trend and good swap.
TRADE FOR SWAP