About mePart-Time Trader looking for quick profits and help others like me along the way. Please follow or like my ideas if you made profits, or comment if you made any losses as this will help me in my strategy.
The usdollar has taken a beating over the week, I expect a retracement but nothing is certain with euro. So I'm betting on both sides in this sideways market to capture a potential breakout :)
Golden Rule: <5% account
This a great opportunity for a long-term position, we both know EURO>JPY in-terms of size and economy so this correction trend where JPY is falling back to previous low's and EUR is climbing against the usdollar so taking that advantage we also see a good fib level retracement going on here.
CAUTION: EURO can be ...
Just placing a confirmation trade on eurusd to confirm a breakout in either direction. Triple Tops can be confusing and can breakout in either direction depending on the economic factors. Trade wisely.
The Dollar Looks to be on a bullish correction towards previous highs. Although we do not know what the Fed is planning and how far they will raise interest rates within a period of time, we can only speculate that the dollar will rise. The reason behind rate hikes is for the fed to control inflation by ...