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Commodity-linked currencies main movers
With volatility dramatically compressed in the last week, finding opportunities to trade in the Forex market has not been an easy task. Trading these tough conditions has been, first and foremost, an exercise of patience and sticking to one’s plan of engagement. Even if so, a fair number of trades were simply not getting out of second gear. That said, with the right amount of concentration, and the right amount of tools in one’s trading arsenal, there is almost always a new setup around the corner. Last Friday was not an exception. While trading through the US session and using my proprietary trap pattern setup, ... (full story)