Head Fakes
I have noticed what I refer to as head fakes at news announcement release times. I think they are triggered by some traders to trap stops. As a result, I'm reluctant to place a sell order (for example) with a tight stop just before a news release, even though I fully believe the...
Trading CDA/JPY this past 2 weeks
Hi,
I've been trading the CAD/JPY for the past two weeks on News and have noticed some patterns. The pair seems to drop between 3-6AM EDT and gain between 6-10 AM EDT. Also the pair has been yielding higher gains vs EUR/JPY or USD/JPY when looking to trade...
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