Forex Today: Risk-off dominates Asia FX, PMIs in focus
Forex today was driven by risk-off trades during the Asian session this Monday, as the US political uncertainty combined with Brexit jitters continue to dent investors’ sentiment towards risk assets. Hence, the safe-haven Yen was broadly boosted, while the Kiwi suffered the most amid negative Asian equities and oil prices.
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Coastline Trading: Fractal approach to the market
The Trader
I've become a product of FXStreet. A profitable one
FXstreet analyst and professional trader Mr. Moreira has worked at FXStreet for 10 years, in which he has learned and been inspired by the best of our contributors.
What coastline trading stands for:
- A serious strategy that infra leverages each trade
- A risk to reward ratio of 50 to 1 or worse
- A permanent draw down, sometimes higher than 40%
- No stop losses, No timing the market
- And be consistently profitable
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