We earned a cool 20 pips with minimal dd
What is market mover analysis, and how are you doing it?
There’s hardly any data on who is moving the markets or why. Certainly not in the time frame that you’re using there.
2 Likes
purely market mover analysis but we lack sufficient information at the movement.
Entry point 1.4581
sl 1.45687
High risk because we dont have sufficient information
holding time to be closed by the end of the next hour
Market stagnated
purely market mover analysis but we lack sufficient information at the movement.
Entry point 1.4581
sl 1.45687
The analysis does not give useful information concerning NZDCAD. the sudden movement in the present hour is due to USD and not either NZD or CAD
audjpy 95.15
audjpy; Market mover analysis shows an excellent buying opportunity is price falls to 95.15. It will again move up.
Please note the entry point, if it falls to 95.15 it will also move up. we will maximize the gain and minimize loses
@chesterjohn I discovered that it can also be done in real time using currency correlation. I will show you how to do it using a real example.
retracement to 95.15 would have implied bullish trend continuation
@chesterjohn
Using currency correlation, see if you understand this pattern. Our analysis goes deeper than this. It shows no trading opportunity at the moment,
Compare EURJPY and AUDJPY below. Price failed to retreat to 95.15 level. Otherwise, that upward trend was caused by market movers
Pay attention to GBPUSD right now
I highly recommend a buy at 1.21465 sl 1.21355