Let's have a look at the weekly currencies strength rank and how it compares with the situation 2 weeks ago (post #10).
USD is clearly weaker, NZD has done a big push upwards, Yen always symmetrical with CAD, EUR about the same as before, AUD clearly surging.
Can you correlate these changes with fundamental events?
People that only follow traditional indicators can't. People that believe currency pairs move mostly due to supply/demand for the pairs can't. People that only look for patterns on charts may arrive too late to any conclusions.
It is necessary more. Think about it, I will help you out here.
USD is clearly weaker, NZD has done a big push upwards, Yen always symmetrical with CAD, EUR about the same as before, AUD clearly surging.
Can you correlate these changes with fundamental events?
People that only follow traditional indicators can't. People that believe currency pairs move mostly due to supply/demand for the pairs can't. People that only look for patterns on charts may arrive too late to any conclusions.
It is necessary more. Think about it, I will help you out here.
Follow your guts, if you want to lose your money...