Dislikedi haven't seen a day like this for some time though all the 3 supports are broken don't know what's the next targetIgnored
There was not one bit of this information in the charts months ago. For those of you unaware the charts show the market psychology at the moment. It does not predict the future. Previous support and resistance levels are good at times in normal conditions.
Trust me when I tell you that these are not normal times. If you really want to consistently make money trading FX then knowing the fundamentals and understanding them is essential.
I have been more than aware of this day for over 6 months now. I used to suggest to fellow Forex Factory Members to log on at least once a day to WWW.JSMINESET.COM in order to have a much better grasp of the fundamentals. The Euro hit a new high. The Canadian Dollar is again worth more than the US Dollar. Gold is near $1000 US Dollars again. Oil is approaching $150 US Dollars.
None of this is NEW NEWS for those that trade using "FTP" !!!
Fundamentals + Technicals + Perception !!!
Have A Great FX Trading day !!
Bruce
P.S. USD/JPY is now bid 104.80 ! When are we going to see 109.00 ?
My Point is made I hope.
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