Hello Trader around the world, how about your last friday, did you trade?
Last friday I've trade the USDCAD and AUDUSD currency
For AUDUSD I Long and lost already
But USDCAD still at the big resistance and I have short already and put a stop loss at 500pip
I really want Monday to come fast as I can
Today I want to sharing all of you
learn about How the currency connect
Sometime maybe someone Long and Short position in the same time with same currency
It was no good
Long EURUSD and also Long USDCAD is wrong
But Long EURUSD and Short USDCAD is great
Cause if we look at USDx or Dollar index
And try to compare with any currency you will see something connect
First you shoud know that USDx will move same with USDXXX currency and XXXUSD will move converse in the same time
Example
Now USDx move up
USDCAD should move upward
EURUSD should move downward
For now about USDx you will see a price have break already
so if the price will continue to move up
Price should comback and rest at the old Resistance or new support
If you see a price move downward to support
Is mean that USDx move downward
Is mean that USDXXX move downward too
Is mean that XXXUSD will move up
Did you get it?
I hope that the things that I have learned around 3 years can help you and you will be a great trader if you can
Trade is a lot of things you have to learn
And we always have to update a strategy
Is didn't mean you know something and you will rich from it
You have learn a lot of things and use it at the right time, timing is so important
Just it, that's all for today
About how there r connect
Sorry for my bad English
Hope this week you will get a lot of money
Goodluck
Last friday I've trade the USDCAD and AUDUSD currency
For AUDUSD I Long and lost already
But USDCAD still at the big resistance and I have short already and put a stop loss at 500pip
I really want Monday to come fast as I can
Today I want to sharing all of you
learn about How the currency connect
Sometime maybe someone Long and Short position in the same time with same currency
It was no good
Long EURUSD and also Long USDCAD is wrong
But Long EURUSD and Short USDCAD is great
Cause if we look at USDx or Dollar index
And try to compare with any currency you will see something connect
First you shoud know that USDx will move same with USDXXX currency and XXXUSD will move converse in the same time
Example
Now USDx move up
USDCAD should move upward
EURUSD should move downward
For now about USDx you will see a price have break already
so if the price will continue to move up
Price should comback and rest at the old Resistance or new support
If you see a price move downward to support
Is mean that USDx move downward
Is mean that USDXXX move downward too
Is mean that XXXUSD will move up
Did you get it?
I hope that the things that I have learned around 3 years can help you and you will be a great trader if you can
Trade is a lot of things you have to learn
And we always have to update a strategy
Is didn't mean you know something and you will rich from it
You have learn a lot of things and use it at the right time, timing is so important
Just it, that's all for today
About how there r connect
Sorry for my bad English
Hope this week you will get a lot of money
Goodluck