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The daily movement of the EURUSD can be categorized in two ways: trending or choppy. Forex day traders will face both environments during a trading week, and potentially even within the same day. The trick is being able to adapt, because trying to trade trends in choppy conditions will lead to poor performance. By understanding price action we can adapt to either environment. Here’s how.
EURUSD Trending and Choppy Environments
A trending environment is when…
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