right thanks ,so its was about china rather than usd or eur ,but I don't think cny was during the rejection ? its all very well following news events ,but surely you have to be clever enough to figure out how to string them together ,over long periods
which is the most important factors in an ever changing market view ,
also the fact that were talking China only makes things worse for someone following eye on eur/usd ,
the out the woodwork no way you'd know without a dedicated ,well educated in markets ,team
but yet its clear the evening star pattern once printed was in control ,all attempts to enter the pattern to that high rejected
which is the most important factors in an ever changing market view ,
also the fact that were talking China only makes things worse for someone following eye on eur/usd ,
the out the woodwork no way you'd know without a dedicated ,well educated in markets ,team
but yet its clear the evening star pattern once printed was in control ,all attempts to enter the pattern to that high rejected
Disliked{quote} Around that period, data from China suggested considerable slowdown in growth, stock markets were down, and investors saw that as decreased likelihood of the Feds raising rates any time soon. That would explain the drop in USD at the time as investors shift their rate hike expectations. Fundamentally, nothing has really changed at this point, because the Feds were still the first in line to hike rates. But, SENTIMENT has changed. Usually changes in sentiment present good opportunities to get on board with the longer term trend but can also...Ignored
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