Wednesday, September 21, 2016

Market Psychology - Euro Currency Futures - Range Sentiment Morning;

Coming in to the morning session of FOMC on the Euro to find a range forming very sturdily so far and we know what to do with that; buy low and sell high and try to stay out of the middle as much as we possibly can.

With the overall range tightening in the hyper weak bear trend, we need to be cautious around falling areas of resistance but when there are clues of failure, it is time to put the range trading hat on and fade the range highs and lows!

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