DELSU MTL COMMUNITY

I swear... it is nothing to talk about.

GM traders 🐦‍🔥

Why does votality change throughout the day?

I think because different time attracts different amounts and quality of traders so the more quality traders at a particular time the more volatility

For example when the new York and London session overlaps it brings so many traders making it very volatile

Omooo they sha used me as example

Trade that was going smoothly all of a sudden a very big long spike down to SL

when I checked other JPY pairs I just shook my head and laughed it off .

BUT WHO KNOWS WHAT CAUSED IT

DID THEY RELEASE A NEWS OR DID ANY OTHER ECONOMIC EVENT HAPPEN?

Ohhhhhhhhhhhh no wonder

I didn't see this on time I for nor near them

I think is because USD is get weaker nd JPY getting more stronger with cpi on jpy being higher. Also early beginning of last month their was a hike on jpy monetary rate . So and weakness on usd makes jpy stronger nd pairs that are base to jpy tends to drop .

🤣🤣🤣😂.... somedays are like that .

With yesterday's FOMC on USD. Do you think it is advisable to trade today.

A lot of them were going smoothly well before, just bullish, so many opportunities to go long

But then, just like that, bearish all of a sudden😪

Not really, but there is today from the BOJ

And I think that's what caused it

🤣🤣😂

Definitely yes.... that is the cause of it ;BOJ

Please sir desty .... help me out in breaking the meaning of this news to me ,sir .

The UoM means University of Michigan. It's a survey that's done to determine expectations and how optimistic or pessimistic consumers see the economy. It's important because consumers make up for about two thirds of the US GDP.

If it's higher than expected, it's good for the economy, meaning consumers can afford to spend more. USD might get stronger.

If it's lower, the opposite is the case.

But it's not really important or high impact like you can see, it's a yellow folder news

JUST IN: Bitcoin falls back under $63,000 as $125 million is liquidated from the crypto market in the past 60 minutes.

Read carefully

Sir Desty and phoenix. What do you have to say about this set-up that finial ditched . It should be R:R:1:5 but I moved out of the market with R:R:1:3.5.

I think I have start beginning to trust my set-up the more . Thanks for your coaching sir. Desty and phoenix. 🙏.

Nd here is the move...

JUST IN: 🇺🇸🇮🇷 Treasury Secretary Bessent says the US is searching for Iranian assets "all around the world."

Wow.... sir Desty. I will Frank this post really captured me. Thanks for sharing this power word of advice. I really appreciate sir.