USD seems to be breaking to the downside. only GBPUSD pair seems to have retraced against a weak dollar trend so far while CHF is usually strong.
Jumping in on a downtrend that seems slightly late is not always the best strategy but since Dollar weakness hasn't changed fundamentally, a trader can jump on the train with a small position size.
Jumping in on a downtrend that seems slightly late is not always the best strategy but since Dollar weakness hasn't changed fundamentally, a trader can jump on the train with a small position size.
Comment:
This is grinding trade so far. We have to stick with it for breakout of 0.8820. Patience will payoff and make a decent original R.
Comment:
would have hit TP. it pays to have patience