Market analysts across the board have indicated that the recent Euro decline, its correlated currency pairs and crosses have provided a signal for a reversal in the making. But do they carry the same corresponding level of market conviction in their outlook? Perhaps, but regardless of the weight, what is equally important is the final outcome for every trade executed that carries a reasonable risk/reward ratio over a period of time. Moreover, a tolerable amount of loss which could be used as a market trade-test to weigh market sentiments and price conditions in protecting the gains made on a cross-trade strategy at the same time to try and maximize market potential.
In today's trading activity, analyzing the risk/reward ratio can be defined where prices are trading at. Anticipating a top or bottom of a trend can be equally challenging for any trader or chartist. By having a full understanding of the important events that are primarily in the news are equally as important whenever a comparison is made with any technical chart formation.
There is a difference in maintaining a market call and having an unbias market sentiment by equally having the flexibility of adjusting strategies whenever the need arises whenever price action is at the opposite side of a trade. Timing an execution in a market set-up based either on a simple fundamental news analysis or a technical formation, really depends on the trader’s perception and time frame of having a trade position in the market. And not simply...getting a kick from speculation! (related article)
In today's trading activity, analyzing the risk/reward ratio can be defined where prices are trading at. Anticipating a top or bottom of a trend can be equally challenging for any trader or chartist. By having a full understanding of the important events that are primarily in the news are equally as important whenever a comparison is made with any technical chart formation.
There is a difference in maintaining a market call and having an unbias market sentiment by equally having the flexibility of adjusting strategies whenever the need arises whenever price action is at the opposite side of a trade. Timing an execution in a market set-up based either on a simple fundamental news analysis or a technical formation, really depends on the trader’s perception and time frame of having a trade position in the market. And not simply...getting a kick from speculation! (related article)
Note: Typical chart examples are the current daily candle bar prices on the USD Index, EURUSD, USDJPY, AUDUSD and the Cross Rates.
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