Disliked{quote} umm OIL is such a manipulated market.. and so is UCAD half the time it does the opposite of oil (which it shouldn't) Also note uCAD traders.. big negative coorelation with NZD/USD.. so if NZD is rising UCAD will fall... (big negative coorelation similar % to that of E/U vs. uCHF) for oil u may wana look for WTI, which is currently priced at 52.40 with daily pivot at 51.93 weekly 51.37 Gold just fell below 200 SMA on 1 hour.. and is below 200SMA on daily.. so this could be start of bearish gold and bullish USD (USD/JPY trump trade might be...Ignored
I mean it doesn't always go on the opposite of expectations, example in last December rate hike USD got stronger then ever, just like it was expected. You have to be flexible in the market in order to survive.
"Letting losses run is the most serious mistake made by most investors."W.O
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