It is not
a normal price action, to be honest.
Are your stop losses at price levels that will avoid the noise of
normal price action and only be triggered when you are proven wrong?
Not exact matches
Such
price action would be an absolutely
normal and healthy correction in a healthy bull market.
In a nutshell, traders need to be aware that the
normal Forex charts offered by popular forex brokers out there are NOT suitable for professional
price action trading or any form of technical analysis in my opinion.
Some would argue that the market's
normal functions of
pricing for risk have been distorted or overwhelmed by central bank
actions.
Meaning, if you have a trade on and you have to be away from your
normal laptop or trading office for a day or two, then it makes sense to use your mobile trading app to monitor your trade and possibly adjust stops or exit according to what the
price action is showing you.
Under
normal conditions, short - term interest rates may feel the effects of any Fed
action almost immediately, but longer - term bonds likely will see the greatest
price changes.
In a nutshell, traders need to be aware that the
normal Forex charts offered by popular forex brokers out there are NOT suitable for professional
price action trading or any form of technical analysis in my opinion.