Lets' have a look at Eur/usd chart first
Hi viewers,
How it is going since I have not posted quite a while as the schedule was very busy in the past few weeks.
Most of the traders would have been aware of what is Rotation center violation which is a good clue of trend changes specially on shorter time frames and when price is going up and down and finally get a direction which is counter-trend but still consider to be strong enough after rejection from a level several times, then this type of movement is called "Rotation Center Violation", and this should be a part of kept in mind that overall larger trend does not matter while trading counter-trend moves on shorter time frames.
As trading supply and demand gives you good reward for your risk and potential is way more than trading higher time frames which requires huge stops but still we might pick up an entry late in Overbought and Oversold or sideways market.
No comments:
Post a Comment