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2017 ended, and we can say without a shadow of a doubt that the trend of the previous year was the EURUSD move from almost parity to above the 1.20 level. Like in a game of confirmation, the 1.20 mark came again during the end of year flows.
Such flows are often disregarded by Forex traders. However, this is a big mistake....

Everybody wants to ride the most robust trend possible, for as long as possible. Because of that, one primary task is to enter a direction as fast as possible.
To do that, one needs to anticipate the start of it. Or the end of the previous trend, if any....

One of the oldest correlations in financial markets is the one between the Federal Reserve (a.k.a. the Fed) interest rate decision and the stock market.
The rule of thumb calls for stocks or the equity market to rise when the Fed cuts the Federal funds rates, and the fall when the Fed hikes them. But this rule isn’t only valid in the United States....

Forex traders say that “the trend is your friend” in the currency market. In other words, they try to ride a trend for as long as possible, buying dips in bullish ones and selling spikes in bearish trends.
The problem with this approach is that the market doesn’t trend that much. It depends very much on the currency pair and the period considered....