Hi All,
Today is a High Impact News event day. So I thought I'd just share my 2-cents
on how I see the charts and market when there is a "major" news event. First off please understand that the Market Makers sole goal is to make money NOT to have you make money
BOC interest rate decision already done and now it's the FED's turn. So rest assured we are going to have some movement later this evening
I know their are traders out there that see what I am about to share differently and that's okay. But this has worked for me and now with the new XU-Hybrid system we'll ALL be making more pip$ than giving away pip$
None of what happens on a HI news event day is random. They know what they are doing, why they are doing it and especially how they will do it. So watch the markets, see their patterns and learn how to best use all of that to your advantage and financial gain.
Success to all!!
This happened across ALL the CAD pairs. The Elegant Oscillator I use from time to time. Do a search if you want it and add it to your charts
I do find though that it does slow down my system so I use it ONLY when I want to look at a particular chart. It is not always on my charts.
Warmest regards,
BeatlemaniaSA (BM)