Hello, i fresh in the industry. I wanted to know what do you think will happen today.
Hello Kinters! Welcome to the forex trading community! I think today’s trading sessions could be an exciting one, probably with a bit of consolidation leading up to Yellen’s speech. Volatility might pick up earlier than her scheduled testimony though, as the text of her speech will be released around an hour earlier. Price action could go either way depending on what she has to say, but it could determine long-term trends as well since she might drop hints on how the Fed would handle monetary policy moving forward. Do you plan to take any trades today?
Welcome to Forex Kinters. My guess is: you will heading over to the babypips school and taking a few lessons…
Welcome mate. Don’t try to predict the market. Try to identify the trend and make your decision. Recommend Babypips school as the starting point.