2018-08-10 - $USDTRY: Keeping A Close Watch On E.A.G.L.E.:
Traders,
Can you count how many times we got burnt on $USDTRY, waiting for a movement that occurred in multiples of the expected forecast, or one that simply turned around? I can: Two too many.
In this case, I want to highlight a few areas that are worth looking as we wait for a probable reversal at...
Friends,
A with lessons and demonstrations offered over the past 24 hours (See $USDTRY, $NZDJPY, ... etc), here is another pair worth looking into, not so much from the perspective of a pending geometric completion, but as an example of developing a contingency plan.
Here, we are contemplating a short (green scare representing a conservative, prudent...
