Just my thoughts, Every country is measured according to the USD. As the USD is the reserve currency of the world. Hence I think its better profits, trading ___JPY. (just me). Then if we are selling EUR will it be because of profit taking or trend ...
When trading one must know before trading what the big players are doing, - Am I selling because of the big players taking profits (1) - Or am I selling because of a trend change (2) 1, will be countertrend, then this trade will be short lived. 2, ...
Making lower highs,![]()
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Sell confirmed! EUR_USD is not making higher highs
Morning, Looking @ GBPNZD chart I suspect maybe a surprise from RBNZ tomorrow. ![]()
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