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FXstreet.com

Look for a country with high interest rate

If we want to buy, it makes perfect sense to buy australian dollar or new zealand dollar The low interest rates on other currencies means their currency is weak, like the swiss national bank

With this we can look at long term trades

Funds will seek to trade high yielding currencies against weak yielding currencies

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Just because it trades at a HTF support level doesnt mean its going to trade higher, but couple it with open interest and the interest rates. We also had SMT with the dollar. When the fundamentals line up with the technicals thats when its high probability


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This was the basis on why ICT knew the USDJPY was going higher, the fundamentals and technicals line up. Youll see the bank footprints flow into the market

Use open interest on support levels, otherwise you might get lost

He doesnt advise people to trade exotic pairs


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