In regards to the spaghetti, when a pair starts converging but than quickly turns to run in the same direction is there any clues that would have told you that the convergence was going to quickly fail? The shot posted is at the NY Forex open prior to Jeff’s entry on the EU. I’ve drawn a vertical line highlight the convergence of the USD, with EUR and Yen. You can see the USD was very indecisive, with swings up and down.
- This reply was modified 8 years, 5 months ago by e3.