EUR/USD
I think Long EUR/USD on Monday but need to wait for the following data:
10:30 EUR Sentix Investor Confidence -5.2 -3.9
11:00 EUR PPI (MoM) 0.5% -0.2%
15:45 USD New York NAPM 568.30
There are no rules at FX market. Every day is unique. Banks have tacit agreement among them. You need to hear the news and rumors in the market but not just monitor charts. It´s just my opinion. FxMasterAtwork
Buying on dips is the most important besides news and rumors in the market. FX is regulated by big banks. They are always agreed where and when to turn around some fx pair. :)
FxMasterAtWork
Hi,
nth is wrong when loosing money at fx if you are the right one of course. Every loss should be a further motivation for searching a proper fx strategy.
FxMasterAtWork :)
I suggest demo playing first also. The only reason is psychological. When earning money you feel like a king. When loosing it you feel like being run over by train :)
EURUSD Agree I think Long tomorrow. We could see some big players went onto the train at 1.2880 last Friday. We will see and wait for further rumors where is the barrier. I think we can see 1.3000/1.3030 soon.
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