EUR/USD: This market has been moving steadily in the...
The Direction of Highest Probability on the Weekly chart remains Bearish unless price makes a higher high (1.2011). Even though there is a down AB Boundary on the Daily chart I can see that the down inner trend line was broken to the upside without price hitting the D extension. There is no alignment due to the fact that the Weekly Probability is Bearish and the Daily Proba ...Continue Reading
A trade that serves to offset the market risk of an open position.
One Cancels Other Order (O.C.O. Order)
A contingent order in which the execution of one part of the order automatically cancels the other part