all calls are based on extrapolations of the time-series. i.e. "$EURJPY 13050.stop":"13050" is separating BULLS from BEARS. "stop" this idea "bearish/bullish" at the given level.
>>> only buy into an instrument which lost downward momentum <<<
Christopher Vecchio is a currency analyst for DailyFX. With a background in political science and law, he focuses on the interrelationships between geopolitical events and macroeconomic trends.
CFA charterholder. Prop trader and market structure consultant with Bright Trading, specializing in pair trading, crutch trading, contrarian, technical, and algorithmic (HFT) trading. Views expressed here are for informational purposes only.