NEAR IMPOSSIBLE TO KNOW WHICH PAIRS WILL FOLLOW THE DATA POINTS OF PROJECTION
MONDAY LOOKS AT LOWER OPENING FOR RISK APPETIDE PAIRS. GOOD LUCK
Hi Jason, Thanks for your remarks. The heard mentality in this blog and elsewhere is one of -neg direction for eu and gu looks like many here are short of these pairs. smart money is chasing the clusters of stops in region of 200/300 pips at this level once taken out the smart money will not buy any more shorts and price should correct. topping can last for up 2 weeks from first target when new highs are not reached. if you are looking to short then wait for price to fall beyond the point of no return (break in up trend) in between you will only see a correction within the up trend.if shorts continue to accumulate even more then price will move further up.
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One more time, on the first week of the month traders from 6 different cities will meet to talk about Forex and Trading, and why not to say it too, for a drink.
As guest speakers, we will have Nicole Elliot in London, Dan Blystone in Barcelona, Rehman Moledina in New York, Giuseppe Basile in Toronto, Josh Davidson in L.A. and Kingsley Jones in Sydney.
Here is the list of the meetups so that you can register:
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