We have to follow the trend. there is nothing to do with fundamentals. All play depends on big sharks in the market. when they enter, almost all the time they place their order against 90% of retail traders and they took all our S/L. then it will ...
He says the bank got wrong on unemployment rate calculation. Now BoE will wait for the unemployment rate fall in to 6-6.5 range to consider about the rate hike. He said wait until august. once they achieve that rate, they will consider.
Market Makers will act on this may be later !!! We can't trade based on Fundamentals. 90% trade based on fundamentals and Market Makers do against the retails traders and make profit. (:
