Whats Up Guys,
Have been listening to a lot of chatter about the Yield Curve, so I wanted to plot it out for myself and do a little homework.
Put some things into perspective for me. Have a look - let me know your thoughts
Whats up traders -
Educational post - heard some chatter in the chat rooms about this trade
This was likely a bull trap IMO -
Trade (NAFTA) talks have put this currency pair on every novice traders radar
Long Running Bull Move
Consolidated Rectangular Patter
Breakout Above Rectangular Pattern
Longs then take their positions
Massive Price Dump
Risk...
Whats up Guys -
See explanation on the chart -
We are going to be looking for opportunities (today and tomorrow) to be preapred to both Long or Short the USD based on the release of the minutes. This post is mostly to give an idea of the thinking that I go through as an active trader.
Ten Likes / Comments / Dislikes and I will update the chart
Let me know...