What means - have a plan and trade your plan. Education.
When trading in the foreign exchange market it is always important to remember who you are.
You are nobody, because the Federal Reserve, through its representatives, in the form of big banks, is in charge of everything.
We, on the other hand, are trading opportunities.
If your opportunity plan is beautiful, complies with the laws of mechanics and mathematics, then you are most likely not far from those people who are drawing the future.
Because they studied, perhaps at the same universities as you, they are just smarter or luckier than you, but it doesn't matter.
You will always be able to see or foresee with a high degree of probability what they will do... they are human beings, not aliens.
Hmm, I'm not so sure here, but that's okay, let's hope so anyway.
Thin lines indicate places to react, thicker lines indicate places of key decisions.
T.S.T.W.
You are nobody, because the Federal Reserve, through its representatives, in the form of big banks, is in charge of everything.
We, on the other hand, are trading opportunities.
If your opportunity plan is beautiful, complies with the laws of mechanics and mathematics, then you are most likely not far from those people who are drawing the future.
Because they studied, perhaps at the same universities as you, they are just smarter or luckier than you, but it doesn't matter.
You will always be able to see or foresee with a high degree of probability what they will do... they are human beings, not aliens.
Hmm, I'm not so sure here, but that's okay, let's hope so anyway.
Thin lines indicate places to react, thicker lines indicate places of key decisions.
T.S.T.W.
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At the moment I assume that we saw the local bottom around 1.1560, it is impossible to exclude the attempts of manipulation and touching 1.1540/50, but in my opinion we are waiting for correction already.
The level of 1.1750-80 is the key resistance of the whole story.
Inside the day above 1.1610 acceleration of correctional impulse is expected.
Trade safe and wise.
The level of 1.1750-80 is the key resistance of the whole story.
Inside the day above 1.1610 acceleration of correctional impulse is expected.
Trade safe and wise.
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Any information provided here is only the personal opinion of the author.