(Technical
analysis done by Eric Lye in our Forex Trading Blog. The purpose is to
share how we analyze the market and put ourselves on the side of higher
probability of things happening.)
I were just chatting with another peer trader of mine the other day about how do we trade. And we came to the conclusion that we are just trying to imagine what is the likely picture. If the market fits the picture that we imagined, then there is a likely trade. If not go back to the drawing board and imagine another one.
The road map is where we thought out the possible scenarios (possibilities) and decide which one may have a higher probability of happening.
1 comments:
New information from the market this morning. Yen seems to be weakening.
Cheers,
Eric
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