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US Session
No. of signal recommendations: 1
End-of-session results: USD/CAD (-25 pips)
Maximum potential: 20
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The actions were mixed even after some dollar positive news. As a result, the system had to endure a minor loss in this session. And basically, this summed up the month of April.
In my book, this April was a tough month for forex trading. I've noticed that most of the markets were moving based on their own strength and out of sync. There was little correlation between the majors pairs. Euro made new highs while Sterling weakened. Loonie went nowhere while Yen was choppy. Also, the intraday economic news seemed not so important while most of the markets were moving to the extended level and only did reversal in late and quiet sessions.
1 comment:
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