Hey Guys!
Here are some characteristics of currency pairs that I noticed over the years. Perhaps it'll help you find the pairs that best fit your trading style, or perhaps you can use this information as an add-on to your current strategy.
Gbp/Usd - Tends to overshoot key levels.
- Can use to get better risk/reward. Both on entries and targets.
- Can expect...
Yesterday I made a short video discussing how we were going to trade the USDPY currency pair using our Elliott Wave and Roller COaster Indicator Suites for the TradingView Platform. Link to yesterday video is >>HERE<<
This is a follow video to show how well this USDJPY Forex Pair is behaving and the resulting Long Trade that we are in!
The last few days has brought home some important insights about of currency pairs. The pair is a ratio of demand of one currency over another.
I couldn't go into every aspect of this in the video in just 10 min.
Based on my observations (which are not rules):
1. All pairs quoted in US-Dollars are vulnerable, as the Dollar heads south around this time.
2....
