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The Forex Trading Group is for traders of the Forex Market. It includes forum discussions, image galleries, Trading Signals and suggestions. Traders can follow other traders to copy their trades, they can discuss privately between traders.
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Reply To: Potential short EURUSD as Risk OFF scenario plays out
Initial Equity slide turns to a massive rally and a Risk ON scenario – So no trade today. Why? Because the trade was the EURUSD and to trade that we need to trade in the direction of the trend which in the case of the EURUSD is down so we needed a strong USD and the rapid change from Equities selling off to a rally in a very short time created a weak USD.
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