Maradok 
Kereskedési feltételek
Products
Eszkozok
The close of trading in October occurred far beyond the monthly average progress. The main direction of trading is falling. Despite the fact that the upward movement is a medium-term impulse, the probability of a return to the level of 1.2725 is 90%. Thus, this makes it possible to consider the decline as the basis for building a trading plan.
It is important to find the entry point by a simple pattern. Today, a false breakdown of the Friday extremum can become such a pattern.
An alternative model will be developed if the closing of today's trading occurs above the Weekly Control Zone 1/2 1.2999-1.2980. This will indicate the continuation of the upward impulse. It is not profitable to buy from the current levels, as the probability of a downward corrective movement to return to the monthly short-term is too high. Purchases, in turn, will become profitable after the decline to Weekly Control Zone 1/2 1.2820-1.2801.
Daily CZ - daily control zone. The zone formed by important data from the futures market that changes several times a year.
Weekly CZ - weekly control zone. The zone formed by the important marks of the futures market, which change several times a year.
Monthly CZ - monthly control zone. The zone that reflects the average volatility over the past year.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
