Today I want to share with You a setup that each trader should know. I am sure that many are aware of it, but this goes out for those who hasn't noticed yet. It happens over and over again. mostly during important news announcements like the interest rate decision and FOMC.
What normally happens is that before price can go in one directions stops are taken out on the opposite side. To see those levels look at H1 and M15 charts and mark the nearest obvious highs and lows on both sides. Smart mone…
What normally happens is that before price can go in one directions stops are taken out on the opposite side. To see those levels look at H1 and M15 charts and mark the nearest obvious highs and lows on both sides. Smart mone…