keshvalashivam
A potential short may be coming. Liquidity has been taken out and currently sitting on a 4 hour open door. Risking a small amount for a big reward. Retail don’t see this while they shout for the moon.
These guys are evil. Who wants to be rich? If you take this trade your only risking 20pips. Merry Christmas
I posted a previous DXY chart and it bounced off beautifully. Now expecting continuation in weakness maybe a pull back to blue line. Please like
As you can see I did this graph a week ago. And look at levels bounced off. Not traded yet but will look to soon
Trade 1 was successful no drawdown. Trade 2 as shown please like.
As you can see they took out liquidity and then took it up. Still bearish
Sell if no majority. I am expecting a hung parliament. Took a sell. Please like
Disclaimer: New unexperienced trader, just sharing my view. I believe EURUSD is in a neutral position with equal chance of performing move 1a and 1b. Following my DXY analysis I am bearish on DXY. DXY and EURUSD have an inverse relationship which is why I consider move 1a. However the Euro is not in a good spot fundamentally. Growth has been weak and brexit will...
Disclaimer: I am a new unexperienced trader(first chart) therefore take everything with a pinch of salt. Having looked at fed interest rates I believe that markets are expecting another rate cut(s) which are currently being priced in. Having looked at interest rates for the past 5 years expect more cuts too until 1.75-1.5. Looking at the monthly chart around...