Chronicle of the biggest, deepest and most liquid market in the world, the Eurofx market, traded on interbank spot forex market as Eur/Usd and on IMM as the Eurofx futures. Patterns include CCI patterns ZLR etc. IMPORTANT notice: Nothing in this website constitute any advice to buy or sell financial instruments. The contents of this website are for EDUCATIONAL purposes and should not be construed to constitute investment advice. Charts will be from FXCM Power Charts.
20050811 7:32 am ET. After 5 60 minute candles, the breakout finally got significantly into decent gains. Another example of patience that is needed in the fx market. How do we know the breakout will be good or not? Answer is we don't, just like the previous trade.
EURUSD chart
posted by emacro @ 7:37 PM
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