Skip to main content

Monday Is Not Developing Anything To Trade On During Asian Session

I have been checking my readings for the last five hours and there does not seem to be anything I would venture to place a bet on in the currency market. When you are currency speculating sometimes you have to take a step back and not trade as much. USDCHF is not showing signs that I would like to see. They had a big drop Friday in a few currencies at the end and it looks like they are slowly recovering but it is doing a number on my trend analysis. The time frames are not lining up like I like to see. AUDCHF is not in line with my strategy. CHFJPY is in a downtrend for the short time frame less than 1 day. It looks like there was a good deal of squaring up orders at the end of trading Friday. I am going to sit this one out and wait until the patterns are stronger. EurUsd had a run up at the end of trading Friday but it is in short term downtrend for the Tokyo session. German business climate comes out in about 5 hours and FOMC Member Mester speaks at about noon eastern.
Labels:

Comments

Post a Comment

Popular posts from this blog

Best Trading Platform For Forex Trading

Some Of 7 "Best" Forex Broker Platforms In 2020 (And Beyond) - The ... Table of Contents Examine This Report on 7 "Best" Forex Broker Platforms In 2020 (And Beyond) - The ... The 7-Second Trick For Best Forex Brokers In 2020 - Fee Comparison Included 3 Simple Techniques For Best Forex Brokers 2020 - Nerdwallet An Unbiased View of Best Forex Brokers - Investopedia The Best Strategy To Use For Best Forex Brokers 2020 - Nerdwallet See This Report on Best Forex Trading Platform Comparison + 2020 Top Fx Brokers The broker is popular for foreign exchange and cryptocurrency exchanges, but it additionally has an extremely competitive reduced spread. With a number of means to access their on the internet broker agent, you additionally never need to stress over shedding track of your investments. With its mobile application and also internet browser system, LCG is one of the more state-of-the-art forex systems readily available for mobile. That claimed, they do supply othe
3 comments
Read more

What's The Best Platform For Currency Speculation ?

Everything about Best Forex Brokers - Investopedia Table of Contents Get This Report about Best Forex Brokers - Top 10 Brokers 2020 - Day Trading An Unbiased View of 10 Best Forex Trading Platforms: A Beginner's Walkthrough Some Ideas on What Is The Best Trading Platform For Forex Trading? You Should Know Getting The Best Forex Brokers - Top 10 Brokers 2020 - Day Trading To Work The Main Principles Of Best Forex Brokers - Investopedia As an outcome, the business's modern technology, both for Forex.com and also City Index, are among its primary toughness. In Addition, GAIN Funding uses an international team of market analysts that supply clients with beneficial and also regularly upgraded market understandings. Besides the normal foreign exchange and also CFD markets (beyond the UNITED STATE), Forex.com also uses bitcoin for trading. It supplies affordable, full-featured trade execution through several platforms, including MetaTrader 4, browser-based access, and mobile phones.
3 comments
Read more