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Week start

Hello everybody,
The week starts as usual with up down movement setting the future trend direction. CAD and GBP show a strong appreciation opposite to dollar and yen. Euro is somewhere between. I am waiting to see first movements of USA opening session to place my orders, possibly on USDCAD (maybe long not sure yet). Also trying to research GBPUSD (direction is forming now so we must wait until 5-6 pm to see if it is south or north. I am very happy with the patterns dukascopy gives us it is so useful tool. Also the indicators on candlestick with all settings and this combined with standard tools of RSI, CCI and EMA can give more than 90 % surety on your decision. Thanks dukascopy for the good tools.
Good luck traders
P.S. I think this week will be less volatile than previous because the fear index has reached absolute maximum values if it goes more up I don't now what can be the consequences
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JuliaBF avatar
20 Oct.

thanks and good luck to you as well!

megajorko avatar
20 Oct.

My latest analysis show that the JPY is depreciating, so I will be looking also for long on GBPJPY and EURJPY.
And just a small advice which I am giving to myself and also to novice traders: Don't hesitate to close on loss when you are sure you are wrong because the loss will only increase and you will catch yourself praying for miracle which more often don't come. The loss you can compensate later if it is smaller, also this loss is already not your money

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