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Ok newstraders, the upcoming week should be interesting! 0 replies

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Upcoming Price Action

  • #1
  • First Post: Edited Aug 12, 2022 2:42pm Jan 22, 2022 9:33pm | Edited Aug 12, 2022 2:42pm
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  • #2
  • Jan 22, 2022 10:48pm Jan 22, 2022 10:48pm
100 % to 90 % Oooyeahh ... I am In ...
  • #3
  • Jan 23, 2022 12:19am Jan 23, 2022 12:19am
So your forecasting the above pairs will trade choppy on the 1min chart on Monday. What does choppy mean in this instance ?
Focus on what DIDN'T happen
  • #4
  • Jan 23, 2022 1:14am Jan 23, 2022 1:14am
Quoting FourBarsBack
So your forecasting the above pairs will trade choppy on the 1min chart on Monday. What does choppy mean in this instance ?
Choppy on M1 means something like this. There might be an upward or downward bias but I haven't determined any bias with the same consistency.
Attached Image (click to enlarge)
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  • #5
  • Jan 23, 2022 3:04am Jan 23, 2022 3:04am
USDCAD looks very bullish, but it will drop down to October lows, be ready
Quote
Don't let the markets play your way out
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Click to Enlarge Name: USDCAD_2022-01-23_14-33-07.png Size: 130 KB
Learn from others, but trade your own edge
  • #6
  • Jan 23, 2022 10:29am Jan 23, 2022 10:29am
AUDJPY has high chance of going down this week.
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  • #7
  • Last Post: Jan 23, 2022 11:06am Jan 23, 2022 11:06am
Quoting edisohofx
AUDJPY has high chance of going down this week. {image}
Hopefully, its gonna be a battle btw CHF,EUR,JPY,USD vs AUD,NZD,GBP.CAD.

If these either 4 currencies go against the other 4, then its a good sign of the currency market in good rhythm (reset). In this case one news from one of the 4 currencies could be a catalyst for the other 3 to follow either way then correlation trading will be sweet once more. Although these happen from time to time.
Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
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