Following s sequence of market analysis does have its distinct advantages. As trade setups on a "Trend in the making" can only be verified after the fact! And may take time to be completed. That is why @megatrade101 training we do emphasize the that "Trend-following trades" are an important discipline for investor traders who are self-directed in trading these volatile markets.
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| Diamtric Trend Direction Market Call |
In reference to the market outlook on " EURO & EURGBP Cross" dated 9.30 have finally been justified and validated! The trend call then has been made as of Nov. 06 2015 - Friday closing @1.0735.
A tech perspective presented itself then and it took a major fundamental driver like the JOBs data to push the USD higher nearing a triple digit figure again. Where the DXY registered a previous high @100.39 dated March 13 2015. Is the market ready for another 3-digit figure on the USD?
Reference Information: Identify Correlation On EURO & USD
Trade Sequence: Trading Alpha - Beta on EUR & USD
Trade Sequence: Trading Alpha - Beta on EUR & USD
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