SIMILAR TO MY NZDUSD PATTERN.
IT SEEMS THERE ARE CORRELATION FOR EUR GBP NZD AUD /USD PAIRS SIGNALLING SHORT TERM BEARISH BIAS.
HOWEVER, IF THERE'S ONE THING IN TRADING THAT I HAVE LEARNT.
IT IS THAT THE MORE OBVIOUS THE TRADE IS, THE MORE DECEIVING IT ACTUALLY IS.
BIG PLAYERS WILL USE THE CONTRARIAN APPROACH.
SO TRADE WITH CAUTION.
SOMETIMES IT JUST PAYS OFF.
IT SEEMS THERE ARE CORRELATION FOR EUR GBP NZD AUD /USD PAIRS SIGNALLING SHORT TERM BEARISH BIAS.
HOWEVER, IF THERE'S ONE THING IN TRADING THAT I HAVE LEARNT.
IT IS THAT THE MORE OBVIOUS THE TRADE IS, THE MORE DECEIVING IT ACTUALLY IS.
BIG PLAYERS WILL USE THE CONTRARIAN APPROACH.
SO TRADE WITH CAUTION.
SOMETIMES IT JUST PAYS OFF.
