Disliked{quote} "done deal" is a relevant term of course.. I meant that It is as high probability as it gets in FX. When/if Euro will get to 1.5 or 1. 7, 1.4 wont look like much of a paradigm isnt it? 1.33 was a major pivot not so long ago.. WIth every target there comes the conditionality, so again - until it sits above 780's, these are the targets..Ignored
Any good great trader knows one constant in the market
A. Price never goes straight up or down
B. Price can reverse at any time usually at saturated key numbers (recent example from 3965 to 3675)
C. The x factor you simply don't know!!
D. Saying price will go A because of XYZ is fallacy.Its delusional.
In trading, you have to be defensive and aggressive at the same time