Impulsive moves are what we are looking for. Right? I mean those are the moves that have the biggest bang for the trading risk buck! However looking around the charts sometimes you just run into a move that has already happened. Sad, but it’s true all to often.
Opportunity could just be hiding in plain sight though.
This is when I look for a EW ( Elliott Wave )...
It’s Friday! TGIF
Here’s another Forex trading Snack.
After the ECB enacting unlimited QE yesterday during it meeting EUR was shaken with volatility and created what can be viewed as a double bottom pattern. After breaking the neck line and holding it, the path of least resistance I believe is toward completion of the pattern. That should take us towards...