In this week’s market analysis, I share with you trading setups on the 30-year treasury, NZD/USD, EUR/USD and USD/JPY. And talk about this Trading market no one is talking about.
And I talk about 2 different ways you can enter a trade.
- Aggressive way
- Conservative way
Lastly, I talk about the basic fundamentals every trader must-have.
This Bullish Trading Market No One is Talking About:
I hope you have enjoyed this week’s market analysis of this trading market no one is talking about. As always, comments are welcomed and encouraged. Cheers!
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Hi Rayner,
Thank you for hearing your voice 🙂
I want to ask you, when the EMA 20&50 become as a support line, like in EUR/USD, even it’s just the first time, can it be a bullish sign (but still we need the second time, as you explain in your book)?
Shlomi
Hello Shlomi,
I wouldn’t rely on the first test. I would need a 2nd test to reaffirm that the 20 & 50 is acting has a dynamic SR.
Hope it helps!
Rayner
Ok. I understood that we need the 2nd test. But as I understand, you preferred to look the pair EUR/USD for short than long, because we have resistance above and not yet the 2nd dynamic SR, am I right?
Hi Shlomi,
Yes I would favor shorts until price trades above the resistance.
Rayner