Before you read I want to ask you if you know this general maxim in forex that says ' trend is your friend' can you see what euro trend has become? Last Friday we said Euro set a new high but does it end there CAPITAL NO! Euro is still trending up till today. I believe great things are about to happen. As a professional trader, I have always be saying that you are not in the market to catch all those pips but work according to your trading plans. Euro trend up today does not mean it will continue. Economic event will tell and force of traders can also play a vital role.
I think its about hitting a resistance and head down for some moment. Work with all your tools, news, bar patterns, pivot point, macd divergence, moving average and many more before you initiate any trade.
See you at the top!
Abiodun Babalola
08050200894
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