Plan your trades and trade your plans. Today we have the following rankings on the indexes:
dxy ++VE
exy -VE
Axy --VE
sxy ++VE
jxy --VE
BXY --VE
cxy --VE
ZXY --VE
Based on the above rankings, we came up with the following pairings.
BUY PAIRS: USDJPY, USDCAD, CHFJPY,
SELL PAIRS: AUDUSD,GBPUSD,NZDUSD,GBPCHF,AUDCHF
The idea is to trade in the direction of the wave structure [Trend] as long as the structure is not disturbed or violated, your high probability trade is to trade in the direction of the trend after a secondary trend (Pullback).
Important trend change facts you must know:
A trend will not change easily, it takes a great deal of time and effort for a trend to change.
The time required for a trend to change is very relevant to how long the ongoing trend has been in play.
The duration of a trend change will be greater than half of the period of the changing trend. Sometimes it is equal to the time the trend has been ongoing.
dxy ++VE
exy -VE
Axy --VE
sxy ++VE
jxy --VE
BXY --VE
cxy --VE
ZXY --VE
Based on the above rankings, we came up with the following pairings.
BUY PAIRS: USDJPY, USDCAD, CHFJPY,
SELL PAIRS: AUDUSD,GBPUSD,NZDUSD,GBPCHF,AUDCHF
The idea is to trade in the direction of the wave structure [Trend] as long as the structure is not disturbed or violated, your high probability trade is to trade in the direction of the trend after a secondary trend (Pullback).
Important trend change facts you must know:
A trend will not change easily, it takes a great deal of time and effort for a trend to change.
The time required for a trend to change is very relevant to how long the ongoing trend has been in play.
The duration of a trend change will be greater than half of the period of the changing trend. Sometimes it is equal to the time the trend has been ongoing.
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