Finally the uptrend I’ve been waiting for. The “God’s of the global marketplace” really made me work for this one. Last 2 trading sessions as you know have been bearish to the point it was equivalent to a flat tire.
I wish my forex.com platform had the market data/reports for me the way the Deutche Banks platform had. I’m trading on this substandard platform. Where do you find your daily report with the market pair along with an algarythem? To determine liquidity in a market one needs to read the daily report and measure what the central banking system for that country is doing. In addition you should have the markets interest rates infrint of you...interest rate goes up the value of the currency goes down and vise versus. I feel like Helen Keller before she learned the word water. I may have to find a better bank to host my trades.
Let’s do well with the Sterling starting to correct itself.
UnknownUnicorn111799
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@JoeSedona, I don't really base much of my trading on fundamentals. I just look at upcoming news and be wary of making trades on high impact news. I base my bias on price action from weekly to 4 hour time frames. I enter on 30 mins based on what I put on the chart.
I wish my forex.com platform had the market data/reports for me the way the Deutche Banks platform had. I’m trading on this substandard platform. Where do you find your daily report with the market pair along with an algarythem? To determine liquidity in a market one needs to read the daily report and measure what the central banking system for that country is doing. In addition you should have the markets interest rates infrint of you...interest rate goes up the value of the currency goes down and vise versus. I feel like Helen Keller before she learned the word water. I may have to find a better bank to host my trades.
Let’s do well with the Sterling starting to correct itself.