Notes from Webinar: Thin volume from traders translates to subdued moves in majors. Players make nominal swings. These moves happen in yearly trend reversal time. Traders become fatigued. 1.23 1.35 Eur and GBP was such time. Moves depend on trader participation. Green green , red red, black Sudden drop expected in mid-European session. EUR returning to Monday level. Trader must determine whether players are buying to rise or buying to create sentiment. UJ to drop to 89.13-89.17 AU will start cutting low. UCad will rise to Monday levels. Yen crosses can see 30-50 stop hunts.
I will be posting up Doc's forecasts, addendum from his blog, specific trades I take, and also Doc's strategy. Please feel free to comment and add in any way you feel fit.
Hi Orlando,
ReplyDeleteThanks for the update.
Notes from Webinar:
ReplyDeleteThin volume from traders translates to subdued moves in majors.
Players make nominal swings.
These moves happen in yearly trend reversal time.
Traders become fatigued.
1.23 1.35 Eur and GBP was such time.
Moves depend on trader participation.
Green green , red red, black
Sudden drop expected in mid-European session.
EUR returning to Monday level.
Trader must determine whether players are buying to rise or buying to create sentiment.
UJ to drop to 89.13-89.17
AU will start cutting low.
UCad will rise to Monday levels.
Yen crosses can see 30-50 stop hunts.