Today will be released the minutes of the FOMC, and will be important to understand the "sentiment" of the FED (..will raise rates in September or December?). Technically speaking, we entered "long" yesterday at 1.1020 area, and this level should give us the ability to manage trade during the release. (we expect high volatility). On chart, we wanted to publish the two key levels, because it will be crucial for our next analysis "Post-FOMC". The advice we give to beginners, is to not go to the market and wait for the day tomorrow .... less anxiety and less risk ...
Yesterday we sent to our "Top Trader" (nonsolotrading.com) the ability to go long at 1.1020 area, noting that today .... "anything can happen",... then .... "let run the position and managed the risk (stop)"
SETUP:
WEEKLY ANALYSIS:
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Hi Signal Suisse .... When you publish LONG EURUSD ... all other traders publish LONG EURUSD ... coincidence?? lol :)
TheAnonymousBanker
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...:) LOL .....
mrsanto
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Very nice point of view.
I also entered long at 1.1018 yesterday but i would have preferred to see the price touch 1.0990.
let's see where we will go.
TheAnonymousBanker
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hello friend....what's your problem? ..put stop in BE! ...:) .... have you a nice day MrSanto! ..and happy trading! ...good comment, thanks!
mrsanto
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No problem at all :)
Already put my stop, but depending on the movements during next session maybe i'll try to edge the position this time.
Keep going with your good analysis!
TheAnonymousBanker
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"great" MrSanto!! ....:)))
oleg.golubovich
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Smooth and clear, as always. Great learning tips, thanks!