all calls are based on extrapolations of the time-series. i.e. "$EURJPY 13050.stop":"13050" is dividing BULLS from BEARS. "stop" this idea "bearish/bullish" at the given level.
>>> only buy into an instrument which lost downward momentum <<<
Steve Gomez lives in San Diego. He co-founded TodayTrader.com along with Andy Lindloff. Steve and Andy collaborate daily to use TodayTrader as a Lead Trader account for Dittotrade and our subscribers.
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.