I see nobody trades it on forex factory.
Present price 7.47- 7.52 with the predictions for year end at 8 rand to the USD. Thus far I have had success in buying dips below 7.5 and closing just above. The range trading is profitable but news trading is better.
Bad news is the key here normally good for about 50-150 pips.
Present price 7.47- 7.52 with the predictions for year end at 8 rand to the USD. Thus far I have had success in buying dips below 7.5 and closing just above. The range trading is profitable but news trading is better.
Bad news is the key here normally good for about 50-150 pips.
Timing is everything