Sunday, November 22, 2009

EURUSD 2009-11-23 Live Analysis

Monday: 23rd Nov

This is going to be a tough one on Monday, but we don't have to worry, let the candles form and look for your setup.  There would be many entry opportunities.  I remembered the first time I learn trading Forex, there was a rule to enter near moving average lines.  omg... that's quite nonsense. 

When you look back on charts, you would realize at many points the moving average line is near the candles, and that usually present opportunities.  However, during live, the price just seem so far away and you would miss the entry as your focus in on the moving average line. 

Trade what you see is still your best friend.


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