Forex Trading 2018- TA/FA- Setups and discussion, page-4921

  1. 2,131 Posts.
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    I love these strong moves.  EURAUD has really gone on a crazy up swing with a lot of power - Bias Buy
    However the string will be too tense and I expect a rebound back down on the M5 chart so I will look for trading opps. both ways.

    One of my favourite trading Books is
    "Reminiscences of a stock operator by Edwin Lefevre"​

    One phase I love is " A stock ought to do what a stock ought to do " meaning if the volume increases, the stock should go up in price.​

    I use this idea in Forex trading.  " The swing ought to do what the swing ought to do " meaning if the string holding the move is tensed to far, it should force the pair to pull back "​


    Just my opinion which may just be a load of dog manure.

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