Shopping for Discounts?

[5SS]

Big bursts against the prevailing trends on many pairs.

Usually I would be looking to fade these moves but I think we could be in for a bit more than a snap shot retracement here.

Anyone fading the moves to try to get in at the start of the next trend leg?

 

[5SS]

Quite glad I never made the "usually" move haha.

 

[5SS]

Got on it now.

 

[5SS]

Risk free now. Just a case of waiting to see if the market will pay me off.

 

[richieforex]

Price is stalling and the Dollar index has respected a key level. I am still on the sidelines before I see further clarification of if the trend will resume.

I will be keeping a close on the DXC and the key level!