I have scanned the market activity of recent week (as I never rely on price action too historic) And I have seen some missed and some good opportunities.
Trends often occur when there are not enough traders involved and market has to advertise more and more to attract liquidity. So, big market participants are often not interested in trends, they would rather prefer balanced state of market to have opportunity to slowly accumulate their positions. It’s tough job – to accumulate position on the rising market.
But as we have seen most of the time they accumulate the price before finally advertising it higher, and gbp/cad recent example I have sighted on the chart and Entry and exit are mentioned on the charts given below
Take a look at update chart, Bit complicate to understand but not for those who have regularly visit my blog for updates
There is strong trade location building, which tells us that another spike and trading opportunity can arrive anytime soon, and We should not use higher stops to trade that opportunity and that is what smaller risk and strong rewards is known for.
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