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Author: cacby - Replies: 0 - Views: 341
strategy 2
thread 2.
Make a fibo from the highest point and the lowest point.
buy when the bullish make a correction/pullback
sell when the bearish make a correction/pullback

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Author: SARANTRADE - Replies: 4 - Views: 1228
Author: papa j - Replies: 0 - Views: 205
Trading Gaps (2)
So what is the best way to trade Forex gaps?

The first important point to understand is that there are only three possible ways that price can change over the weekend.
  • The price can open above Friday's close called "gapping up".
  • The price can open below Friday's close called "gapping down".
  • The price can open at the exact same price meaning that no gap has been generated.
[align=justify]Large gaps are named full gaps
Author: papa j - Replies: 0 - Views: 252
The Correct Use of Correlation (2)
Over the past few years, traders have become accustomed to the idea that the day to day moves in stock impact currencies. When equities sell off aggressively, the U.S. dollar usually strengthens across the board as investors pile into the lower yielding safe haven currency. When equities stage a strong rally on the other hand, the dollar tends to sell off as safe haven flows ease. One of the best ways to take advantage of this general correlation is to compare it to the EUR/JPY as this currency