Now alone in advanced room- 10-11 GMT+1 - Trends and trend lines
hello, good Monday traders. Now a scalping session in beginners room. Actually selling Gold, and watching GBPJPY...
Today 4 live sessions - now first in advanced room with Gil 7-8 GMT+1
Now in beginners room 8-9 GMT+1 - PA+MACD session
Yesterday, inflation in Canada turned out to be lower than expected at 2.3%, instead of 2.6%. Today at 15:45 CET, the Bank of Canada will announce its decision on the Canadian interest rate. The bank is expected to leave the rate unchanged at 2.75%. However, considering yesterday's much better inflation data, the BoC may decide to cut the rate by 0.25%. The market may react to such a decision with a strong impulse, pushing in one direction. Perhaps it will be an opportunity to use the “straddle” strategy - which involves opening pending orders Buy Stop above and Sell Stop below the consolidation if such appears 1-2 hours before the BoC decision. Imprtant - the consolidation should be narrow , not more than 25-30p
Our disscusion group is here: https://t.me/tradingpriceactionpatterns
If you are interested in my live sessions - here is the schedule:
https://my.xm.com/member/live-education/player/basic
https://my.xm.com/member/live-education/player/advanced
https://my.xm.com/member/live-education/player/basic
https://my.xm.com/member/live-education/player/advanced
now my last live session for today- trading on trend lines
hello Good Friday traders- today 3 live sessions as in the schedule. Markets are boring but we can disscus some makro subjects