FOREX PRO Weekly July 09-13, 2012

D.R.&Quinch

Sergeant
Messages
661
im stillm working out how to combat this in the future.
i usuallyb tighten my stops 10 mins before a news event.
i guess when a huge buyer steps in then...
the critical area point is true. there are other interests out there who will not only react to this zone but determine its nature.
so easy for me to forget when im trying to exercise my technical trade plan.
would it be naive to think if it was one identifiable concearn that caused this hike in price, it is now out of equilibrium and will return to the level determined both fundamentally and technically, before the hike?

or does the further add on following the consumer confidence news negate this idea?
 
Top