Hello all!
High volatility is coming up to the Forex Market as we come close to FED Interest Rate decision on next Wednesday, 21st of September, as expected.
Will lead with great wide range of volatility between 300 and 500 pips in my opinion. This will change Traders contest rankings for sure unless main traders stop trading during this period. Huge volatility performing price wide range up to 500 pips from market makers will smash most accounts.
Read newsletters of technical and fundamental analysis from experts or opinion makers will be opposite and for all kinds and of course not useful. This is pure speculation.
This is a kind of pure luck and betting. This could sounds no educational but if you want to stay in market, in this circumstancies, you can close your eyes and randomly choose up or down and sit. I experienced this scenario a lot of times - trading Forex since 2012 - and this is my contribution for trading for days ahead, mainly between 20th and 22nd of September.
So, it is necessary to be conscious and cautious.
Good luck everyone.
High volatility is coming up to the Forex Market as we come close to FED Interest Rate decision on next Wednesday, 21st of September, as expected.
Will lead with great wide range of volatility between 300 and 500 pips in my opinion. This will change Traders contest rankings for sure unless main traders stop trading during this period. Huge volatility performing price wide range up to 500 pips from market makers will smash most accounts.
Read newsletters of technical and fundamental analysis from experts or opinion makers will be opposite and for all kinds and of course not useful. This is pure speculation.
This is a kind of pure luck and betting. This could sounds no educational but if you want to stay in market, in this circumstancies, you can close your eyes and randomly choose up or down and sit. I experienced this scenario a lot of times - trading Forex since 2012 - and this is my contribution for trading for days ahead, mainly between 20th and 22nd of September.
So, it is necessary to be conscious and cautious.
Good luck everyone.