Will it close above 1.1582.
Bought @ 1.1550
SL @ 30 PIPS
TP 1.16
Bought @ 1.1550
SL @ 30 PIPS
TP 1.16
2
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Disliked{quote} Nope. Closing for +5. Might go for another short entry.Ignored
Disliked{quote} I agree.. and in my pov, anything lower than 1.1650 is actually just an environment artificially created by robber banks to buy the lows.. I don't know how they do it but they do it.. Time will tell..Ignored
Disliked{quote} In my mind the problem is that the FX market is still mostly traded OTC via forwards. Traders of big IBs have so many forwards on their book that they have a representative sample of positioning of the market. Furthermore they directly see at least some of the stop-losses which clients gave them and they observe the order flow. Plus they probably talk to traders from other banks in some encrypted way to align positions, though this is not really legal. Imagine if you had all this information. It would be way easier to trade. Also you can...Ignored
Disliked{quote} In my mind the problem is that the FX market is still mostly traded OTC via forwards. Traders of big IBs have so many forwards on their book that they have a representative sample of positioning of the market. Furthermore they directly see at least some of the stop-losses which clients gave them and they observe the order flow. Plus they probably talk to traders from other banks in some encrypted way to align positions, though this is not really legal. Imagine if you had all this information. It would be way easier to trade. Also you can...Ignored
DislikedGood afternoon, hope you're great. Bears are doing well on 1H, thanks to ECB. Hopefully, we could be seeing more bears next month. {image}Ignored
Disliked{quote} Just had a thought. What if they go for 1.15 today? 190 PiPs daily range.Ignored
DislikedHello What could be the reason for this decline? I don't see such a strong news from europa today !Ignored
DislikedMy bet for the low of today: 1.15343... Who wants to join betting to the tick?Ignored
DislikedWill it close above 1.1582. Bought @ 1.1550 SL @ 30 PIPS TP 1.16Ignored