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Trading Support and Resistance – EUR/USD, USD/CHF
This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching. The first part of my forecast is based upon my research of the past 20 years of Forex prices, which show that the following methodologies have all produced profitable results: Trading the two currencies that are trending the most strongly over the past 6 months. Trading against very strong weekly counter-trend movements by currency pairs made during the previous week. Carry Trade: Buying currencies with high interest rates and selling currencies with low interest rates. Let us look at the relevant data of currency ... (full story)
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- Aug 6, 2023 1:39pm Aug 6, 2023 1:39pm
- hayseed
- Joined Nov 2006 | Status: Member | 314 Comments
to trade and code, keep both simple... no call to impress....h
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- Aug 6, 2023 4:52pm Aug 6, 2023 4:52pm
- MatTrader101
- Joined Jun 2021 | Status: Member | 287 Comments