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Golden Goose/Forex Platforms
Started Aug 10, 2006|Broker Discussion|3 repliesOne of the advantages that the forex brokers have, is that they can use individual accounts to ...
capitulation..tick.......tick....never chase it.....counter it...if you think its shiftinng sentiment.
One of the advantages that the forex brokers have, is that they can use individual accounts to ...
yeah.. but the lowest risk is a counterpoint trade.. price bias is hugely usd bullish.. it will be like that till european open and even us open tomm..
gbp will drop 200 pips. wait for countertrend to position for the drop.
1) USD bear spike on the initial news 2) Rest of the day it fades the spike 3) following days the usd trends up 4) project out weeks, the usd turns bearish.
FOMC decision wont really change much. Wait for proper setups before entering into trades. Becareful with gbp/usd.... lots of people are positioned in it at the moment. Might be susceptible to drawdown to wipe out positions before running back up. ...