DislikedGood advice for the newbs out there. Always trade what you see, not what you think. The chart never lies, it only conveys to you what you choose to see. What's in the 2 blue circles are visible on everyone's charts, yet everyone's eyes sees something different. Someone or something was doing some heavy selling in those circles. I wonder who it is? Of course I could be wrong so don't follow anything I say, and price may still rise. But the selling clues left behind are real and did occur. These are the kinds of things you must learn to spot! {image}...Ignored
DislikedIt's been clearly shown over the past few weeks/months that TREND is more powerful than NEWS. The reluctance of EU to drop in the last few weeks despite the stream of good US economic news is quite a signal. I still believe we will touch 1.3 by the end of the year or early next year despite the rate hike. And its only a matter of time when US economic data will turn into a tsunami, probably next year. Can't believe people were calling 1.10 after the pair broke a 2 year range and finally had some 800+ rally. Don't forget this pair was at 1.6 10 years...Ignored
Disliked{quote} That's a good longterm target, well, more like 1.31627 to be exact which is only 17.3 pips away from that. I try to be exacts on the exits because sometimes price lightly taps it and then goes the other way. I really don't trust what it does afterwards.Ignored