17 years in trading
Like there is not enough crazy moves today, we still have FOMC minutes in about an hour. What could we expect from the officials today? Same old stance and dovish statements or something more hawkish? Who could tell that in a times like this one, when even they don’t know what to do with rates and monetary policy after Decembers
Read moreThere is FOMC coming up at 18:00 h (GMT), but the market players have decided not to wait here. I followed the 110.00 attack at the M5 and M1 chart and must say that, this was a real firework. After the sellers have broke 110.00, the buyers have took over at 109.82 and fire the rocket at 110.40 in a matter
Read moreAnd it looks like the sellers would like to take this support at 1.1300/20!? The pair is bearish for days after has reached 1.1437 high on April 01. In the last three days, the buyers are defending this support level returning the pair up each time, but the sellers looks persitent to broke this support. It’s a strong one and
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There are 4 million retail forex traders around the globe, from wich 1,6 million living in Asia, 1,4 million live in Europe and only 150,000 live in the USA. These are the confirmed numbers, but there is also less then a million live in other parts of the world, mostly Russia, but I don’t have the accurate data. It’s surprising how a small number of traders
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