Mark Minervini makes an interesting point: the market is like poker in that the most important element of success is knowing which game to sit in on. All too often, I find that traders in a slump focus on the hold 'em versus fold 'em choices of trading when, in fact, they're sitting at the wrong table. How can we sit at the wrong trading table? Several variations of this challenge immediately come to mind: * You're a momentum ...
Originally Posted by igorad Hi, Please check out the updated SS_SupportResistance_v04b indicator for the new MT4(600+). Regards, Igor
1- In the 3 weeks leading up to the last FOMC meeting, the Dollar went parabolic, appreciating almost 5% versus the majors. Dollar strength was especially noticeable for EUR/$. It is well understood that the FOMC does not target the Dollar, merely taking the greenback as an input into its forecasts. But the parabolic rise in the USD into the meeting is certain to have been noticed, not least since the last vestige of forward guidance (the "patient" ...
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