I would close EC there is no more liquidity to push price below 45 Wait later spike above 45 like 4525+ then maybe short again. Given market can prove me wrong but this is my recommended course of action. I am flat on EC
This is tricky trade that personally I would not make.Very strong up trend forming and we got ECB coming up. I am bear on AUD Maybe a scalping trade but wouldn't hold long The concept of 1 directional trading I practice is solid one.Always trade in ...
waiting to see what London does. AJ above 92 is fair game possible short EC 4547 ADR High another interest of mine my guess lot of pairs may range until big events.Love range trading
Its hard to say because of rate coming up its likely MM buying up AUD maybe until ECB then dump after. This is one of those situations when wait and see best course of action.Furthermore lot of buyers are trapped on EA so greedy MM may gun down to ...
Lessons learned mistakes observations to self. Made great % return last week however I am deeply pissed at myself for getting out EC short very early 4560'sh .Looking at my return I made 4% highest from EC last week but could of easily been 10%. Its ...
Looking back last week now its obvious why AUD was so stubborn to fall. Well looks like we got rate coming up Feb 6 Market may very well price in more "good news" before dumping AUD in bucket loads Its likely EA may go further south 5250 even below ...
I want to help you to be more profitable and others. We got three central banks releasing rates and market can react in surprising ways therefore I would suggest be open minded and have no real biases and let the market show you the way regards
To succeed in forex you must apply yourself.Go over the calendar make notes to yourself.Have an awareness what's coming. I would go further practice positive mental pictures of successful trades you closed.Try reinforcing what worked for you and ...
You need to understand what pivot is once you do then you will realize how pointless your question is.Dont mean any rudeness but you need to understand what you are talking about.Pivot is leading indicator I will leave it at that.
New Zealand dollar may get some love next week specially against AUD Lots of red news next week.I am anticipating USD bulls returning Feds rate NFP in the cards
Just an observation. If I choose to post a trade please dont ask later what I did with it etc.If you chose to copy my trade you own it and you manage it as best under your account circumstances. What I do with my trades is totally unique to myself.I ...
