17 years in trading
For the beginning of this article I will write one of mine personal forex quotes: “Use the news to get out of the position, not to get in!” Why? Because, that’s exactly what the big market players do. They use the huge liquiditiy which apears in that moment and leave the positions which they have took before. There is so many unnecessary
Read moreTough February for the US dollar in this pair, isn’t it!? Well, you already know that the BOJ scares investors here with the possible intervention, but in wich level they could really intervene? As I see in my Monthly chart, the pair is still supported with strong technical levels here above the 111.00, but if this level fail to hold in February, 105.00 could
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I am still in with my short position from yesterday and the market almost catch my profitable SL in the morning. But, I never move my SL and I didn’t move it today from 1.10574 because of the daily MA200 at 1.1050. My position survived with high of 1.10524, only 5 pips from my protection. On the down side, there is H4/MA200 which
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