Forex is not there to help you make money. It's there to take your money and feed the big whales and corporations. Market makers swing the markets for liquidity and grab your stoplosses and make you think it's going down but in reality it's shooting up. To be successful, it's your job as a trader, to spot these traps and to make the most of them. Don't follow the...
It looks like we may be looking at a potential continuation of the bullish run on this pair as it looks as though the price dip around 113.00 just so happened to be a sell trap. However another break below 113.50 will be confirmation of further bearish movement. For early entries now would be a good opportunity to jump in (114.05) however a break above the...