A Thread To Keep Up Every Trade Details On Forex

ayush2020

Well-Known Member
#31
Ayush,

Intraday ...this evening lots of things happened and it was literally as if the bottom had fallen apart.....There was Dollar Index that went up by almost a percent and there was the ECB balance sheet increase was a little perplexing and then there is Iran rhetoric which was again puzzling....but most of it should recover in a day or two... and we will certainly have some Intraday short covering across the pairs and commodities.

In the absence of not knowing your entry for USD/CAD it is difficult to comment...!!!


SG
yes SG sir.. i have gone long @100sma (1.0180) with stop loss of 40pips.. from thn it went up to 1.0125.. from thn it has recovered more than 100 pips..
 

LivetoTrade

Well-Known Member
#37
HI Ayush....

E/U , A/U and G/U ..are the three men which normally move together.... N/U is the little boy who tags along....

So unless u see compelling reasons ... I recommend that you take a trade in the same direction in all these pairs...
They move in similar directions because it is against the USD in common.

However, we also need to note, that the Euro is in a more O/S state when compared to the other pairs, and the AUD has not fallen as much as Euro or Gbp.

The ADX chart which 4xpip and Ms Forex have posted explains this in detail.
 

ayush2020

Well-Known Member
#38
They move in similar directions because it is against the USD in common.

However, we also need to note, that the Euro is in a more O/S state when compared to the other pairs, and the AUD has not fallen as much as Euro or Gbp.

The ADX chart which 4xpip and Ms Forex have posted explains this in detail.
yess it is true........... thanx dear Hills and LTT .....:)
 

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