Looking at the schedule
Hard to pick something that won't go ballistic with a fat surprise..
Hopefully we can get our targets quick and leave the carnival ride for someone else.
Good time to practice strict rules with these levels:
US/CHF: .9761 TOP/ .9680 BTM....<--15-18 pip buffer both ends (40 to 55 pip range)
US/CAD: 1.0266 TOP/ 1.0187 BTM <--ONE OR THE OTHER/Don't count on both hitting (40/50pip range)
GB/CHF: 1.5435 TOP/1.5310 BTM <--If it is out by 18 pips ..IT'S OUT..Once again BIG moves with this pair, hitting 9 out of 9 days on one or both within the buffer zone. (70 to 120+ pip range)
These are not TRADE SIGNALS, Just areas to watch for directional turn.
THESE ARE NOT TRADE SIGNALS Calculating probable "Turning Points" Not necessarily the Daily swing (although this is common). Generally "levels" are hit during the U.K. Trading sessions * I use a 15 to 18 pip buffer (+ spread) Most "turns" are good for 25+ pips BUT, not uncommon for 50+ pip runs I try to add possible target amounts based on averages. NO GUARANTEES...IT IS FOREX!!
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