Some explanations for yesterday.
When we have inversed corelation between ger30 and EU it can help to predict the move of EU
Like you see, the green Box is the extension area to short Ger30 and yesterday it come back to test it and went strongly down, that's why the % of chance that EU goes up was very high cause Ger30 where in the area for falling
Keep in mind that when you trade a pair,if the pair has no clear move you have to look to corelated pairs or indexed (or inversed corelated (ger30 sometimes or usdchf) to have a better view of was is going
Trade your plan
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Update status
When we have inversed corelation between ger30 and EU it can help to predict the move of EU
Like you see, the green Box is the extension area to short Ger30 and yesterday it come back to test it and went strongly down, that's why the % of chance that EU goes up was very high cause Ger30 where in the area for falling
Keep in mind that when you trade a pair,if the pair has no clear move you have to look to corelated pairs or indexed (or inversed corelated (ger30 sometimes or usdchf) to have a better view of was is going
Trade your plan
Thanks for clicking the like button. In case of another view, questions or comments ? share it with pleasure More ideas following. Click the follow button to keep updated when I publish new ideas or update already published ones. Thanks for your visit !
Update status