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wide range swings are happening in the market

This is a discussion on wide range swings are happening in the market within the Forex Expert Forum section, part of the Forex Forum category; The operators are now making wide range swings of 200-300 pips and inducing the traders to do eitherway swing ...


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Old 02-06-2008, 08:01 AM
Dr.S.Sivaraman Dr.S.Sivaraman is offline
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Join Date: Aug 2007
Posts: 49
Smile wide range swings are happening in the market

The operators are now making wide range swings of 200-300 pips and inducing the traders to do eitherway swing trades.Then they will make one quick rise for the traders to short in EURO and GBP and hold high and make another quick upward move to hit the stops of the short sellers and then drop big other majors unassumingly from next week .They are now building shorts in other majors before the big drop.You can wait patiently for the second level extended stop hunt rise and then sell to do position trades aiming about 1500 pips profit in your directional trade.Then only USD will gain in a big way irrespective of all the attributes you hear in the market place.
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Dr.Sivaraman
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