Room For More US Dollar Weakness After The Government Shutdown – The Market Oracle

Room For More US Dollar Weakness After The Government ShutdownThe Market OracleOn the AUDUSD chart we can see that pair found a support around 0.9220-0.9300 area, at former wave four from where we have seen a nice bullish reversal with a decisive break through the upper trend-line of a corrective channel (circled zone). This …and more »…Room For More US Dollar Weakness After The Government Shutdown – The Market Oracle

Make a list that has to be followed prior to entering a new currency trade. A checklist forces you to slow down and double check that the trade is truly a good deal. Developed a list of requirements that are required for all offers, and afterwards assess this list whenever you are thinking of making a trade. This keeps you from getting caught up in the excitement of a new trend.

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