unfortunately #GBPJPY, #USDCAD and #AUDUSD trades got stopped out.
I can't make sense of this market.. US tech index almost at pre-corona historic high and S&P500 gaining on such low volume..
seems like fundamentals don't matter when they are not in the best interest of big players!
I still don't believe the gains are sustainable and are mostly result of hopes of vaccine and a quick recovery, but soon the economic data will come to crush that hope. I think June is going to be the reckoning month for the market.
I think I need to run some multiple timeframe analysis again and change my style of trading and make it more heavy on the technical side instead of fundamentals.
I can't make sense of this market.. US tech index almost at pre-corona historic high and S&P500 gaining on such low volume..
seems like fundamentals don't matter when they are not in the best interest of big players!
I still don't believe the gains are sustainable and are mostly result of hopes of vaccine and a quick recovery, but soon the economic data will come to crush that hope. I think June is going to be the reckoning month for the market.
I think I need to run some multiple timeframe analysis again and change my style of trading and make it more heavy on the technical side instead of fundamentals.
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you can see that I have said the same thing before starting my own signal service.
the goal of the service is to become more about education than merely sharing trades.