nifedo replies to: EURUSD Only


{quote} Hello Ata. From your post, it would seem you have an and extreme bias to the buy side. My question is if the price drops during or before fomc to that 1.1655/65 level but rips it by 50 or even 100 pips, would you chalk it up to miscalculation, manipulation or something else?

Sorry brother, I totally missed your post and couldn’t reply in time. Have just noticed. My bad..

So, when there is high momentum during news, it makes not much sense to me to talk about manipulation. I personally really don’t care because I trade what I see and I also wouldn’t just blindly jump in and open a long there just because it was my pre-calculated target level. Instead, I would look for bullish evidence first and then decide what to do next. I hope it answers your question.

Stay Green

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