the way it is going we could be below 1.20 before the end of the week or even 1.18 - something fundamentally has to change before Euro reverses 500 pips - maybe another trillion dollar support package !
agree with you, spreads are crazy - ranging from 2 to 12 pips - the last 5 minutes candle had a 50 pip range ? this is too crazy - will wait it settles down - could go either way.
Chloe - for someone who has recently started trading - 6 to 8 months - you are doing very well. Probably in the 99th percentile of people with similar experience Good work.
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
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agree with you, spreads are crazy - ranging from 2 to 12 pips - the last 5 minutes candle had a 50 pip range ? this is too crazy - will wait it settles down - could go either way.
reasons may not be fundamental totally - but sentiment and fear driven.
Good work.
Just be nimble - u r right - - Euro news better be good or no news - bad news could force a drop to 1.27s.
on the other side - if we get very good news - then we could rally all the way to 1.33s where some bigger buy stops could get triggered.
I will buy again at 1.289 - if it gets there.
The shorts piled in once 1.3114 - 1.3120 zone got broken - all the sell stops for the Eur longs were below this level.
Now, all the buy stops for Eur shorts will be above the 1.3120 level - therefore targeting that.
Markets will move to the levels which provide maximum liquidity.