Hello everyone!
I am very new to Forex and I enjoy it so far. However one question is bothering me. I notice that EUR/USD is pretty good pair when it comes to take profits, however looking at the past 4 month it went very crazy 7 times. 7 jumps on 165, 178,191,203,285,400 and even 507pips in one day! In all those cases I would lose my money.
So could someone please explain me how to predict when EUR/USD will go crazy like this?
I am very new to Forex and I enjoy it so far. However one question is bothering me. I notice that EUR/USD is pretty good pair when it comes to take profits, however looking at the past 4 month it went very crazy 7 times. 7 jumps on 165, 178,191,203,285,400 and even 507pips in one day! In all those cases I would lose my money.
So could someone please explain me how to predict when EUR/USD will go crazy like this?
"Every battle is won before it is ever fought." - Sun-tzu, The Art of War.