Forex TDMA System Review:
Guys, with Forex TDMA System we had mixed results in EUR/USD and GBP/USD this week. IN fact, this was happened because of the Post Fed discussions impact. Markets moved North Side for a short time in the above Forex Pairs and now, original Down Trend has been Resumed.
We are expecting US Interest Rate hike soon. So we have to keep EUR/USD, GBP/USD and USD/JPYin our watch List. For the past 4 days, we can see that, EUR/USD, GBP/USD are moving downside and USD/JPY is moving upside.
Forex TDMA System GBP/USD Chart:
Though, we have Euro Interest Rate decision ahead, we may not see any surprises. So, we can not guess Euro gaining too much.
Conclusion To Trade Forex TDMA This Week:
Now, our Bias is to only Buy US Dollar. Means, when Moving Average break outs appears, go for Sell Entries in EUR/USD and GBP/USD and Buy Entries in USD/JPY. As long as this Trend is going on don’t look for the opposite Entries.
Forex TDMA System was developed based on Price Action Reading and Trend Following Methods. I hope, this review is helpful.