dr_pips

Identifying Buyers and Sellers in the Market

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FX_IDC:USDSGD   美元 / 新加坡元
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1.4166-1.4133 price consolidated and dropped. meaning alot of sellers sold at that area meaning a possible unfilled market orders still in that zone.... an example of this below when price on a daily TF reacted and dropped from my zone 1.4101-1.4081 so i expect the same. i will take profit at 1.38500 and i will move my stop loss into profit once it begins to drop!!! Remember Risk management is key if it violates there is still more opportunity!!!
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