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Category: currency trading strategy

Always Go In The Direction of The Chart

In my last post about the results of the non-farm payroll, I said that I believe that GJ was bullish. Also, there was a gap around 146.88 that needs to be covered. I believed that GJ was bullish, and it was falling down to get more buyers to push it up to cover the gap. [...]

The Positive Results Of Non Farm PayRoll

I wasn’t really following the chart last, the week of the Non farm payroll of Dec 2009. Most of the currency pairs had a big reversal candle i.e a pin bar, in the previous week. The biggest was in GBP-JPY. So before the announcement of the non-farm payroll values, the currencies were either bullish or [...]