Before annoucnement there will be drop, after announce quick rise, stop cutting high for 10-30 mins take sell. take a sell near new high.
Now what we can expect during US session?
They could slide during start of US session instead of late European session.then after swings for 15:00 and 15;30 GMT data they could swing and slide till mid US session before making a false move ( rise) before FOMC data release time -19:15 GMT.Then after some volatile moves they are expected to induce traders to anticipate BOE and ECB interest rate decisions.
The forecast algorithm expects slide and drop-let us see whether the players make it in line with the expectations.
The players are making the upward stop hunts in a hurry and gained levels before FOMC as they intend to make the downward spike without much volatile moves.trade with hedging order to limit the risk.Once the drop is initiated they could make it massive other way.
I meant in the post -after the massive rise of today,after FOMC they are expected to make massive drop and continue till next event BOE and ECB interest rate announcement time.
Regards
dr.Sivaraman.
hi,
ReplyDeletei missed docs webinar today. what was his take on EURGBP & USDCHF.
thanks.
Sorry, dont recall. I will take notes for future webinars however.
ReplyDeleteAs per Dr. advise if you want to take a buy/sell position during japanese session you have to consider the session low/high or the previos day low/high
ReplyDeleteHi there!
ReplyDeleteOrlando I think this blog could be helpful to traders if u could post trading strategies of the Doc. and how u execute ur trades based on the Doc’s teachings and ur success.
Great job!!