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Ideal trend trading conditions in forex

From insights.globalprime.com

In today’s analysis of the Forex market, what caught my attention, was the follow-through continuation in risk appetite dynamics. To the point that the market is starting to morph into an environment that makes for some ideal conditions to trend trading. As I show in today’s video analysis, there is a growing number of markets, where the 4-hour and the daily time frames exhibit a clear congruence in the direction. Granted, volatility has recently been shot to pieces, but it is undeniable that we are finally starting to see well-defined directional movements when cross-checking risk-off associated currencies (USD, ... (full story)

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  • Category: Technical Analysis