DislikedHi BWilliam, I've been away for a few weeks but stopped by this evening and read your post. I did not "know" at the start of trading day that those 2 moves would develop. I do not know what PA will look like 4 hours into the trading day. However, every day, I select the currency pairs that I think will move, and I predict the likely "move".Ignored
DislikedWhen I read your post, what came to mind is the step that comes before "what is going to happen". First step is to narrow down the universe of pairs into a solid list of pairs that will likely move (they have room to move and are ready to move), and cut those that are movement challenged and/or have barriers to movement. Once you get to that list, then your question comes into play. And it is necessary to have some idea, as you point out, what the PA in the next 4 to 8 hours (at least) will likely look like, and have a trading plan for each possible...Ignored
I stop short of writing how to trade the market(some traders scalp, others swing trade), I wrote mostly about the aspect of understanding the market.
Note - look closely how GU attempt to change the rhythm of the last 3 trading days.
Trade the value
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