a beginner's attempt at the pairs
- Thread starter big mac
- Start date
https://www.bloomberg.com/news/arti...for-gains-following-metals-surge-markets-wrap
The effect of Trump's inaugration has started...5 days left before the dollar will strengthen again
The effect of Trump's inaugration has started...5 days left before the dollar will strengthen again
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Make sure you have set a stop loss (break even or profit is preferred)
It's not likely to go down further as volatility is weakening. Either reverse or sideway is likely to be followed
Euro may not depreciate much at this stage as there is the interest rate decision next week. I anticipate euro to depreciate substantially on that day.
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the EURO is heading south as I post, any thoughts or reconsiderations?
i can see at least another 70 pips lower
Yes There is some momentum in a bear trend but I would be cautious to short it now because its oversold condition.the EURO is heading south as I post, any thoughts or reconsiderations?
i can see at least another 70 pips lower
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oversold? you sound like me now
i'll take the 70 pips, thats not peanuts in my world.
not at $5/pip it ain't
oversold? you sound like me now
i'll take the 70 pips, thats not peanuts in my world.
not at $5/pip it ain't
It looks like double bottom has just formed on 1 min. Just be careful, make sure you have set an optimal stop lss, now there is momentum in uptrend and it could form a sideway now
take a look at the 15min..how about 40 pips lower from here till equilibrium?