Monday, January 17, 2011
No news, no moves
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"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
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1 comment:
I think normally it can be the case for the pair to move in certain range but that does not mean it can’t move faster because it can definitely move quicker without any news. It depends on which pair we are talking about as mostly without news it’s the large investors that runs the show. I am lucky that no matter if its news or normal situation I get unbelievable benefits because of using OctaFX broker, they allow me to trade smoothly in all conditions.
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