@AlphaexCapital : The USDCAD is testing a ceiling (now a floor) https://t.co/kzhhek1hjD #forex #investing #bitcoin #crypto #xrp #btc #eth #forexsignals
We all know that retail forex is a decentralised, over the counter, two-tier market. There is no central exchange, and there is no "floor" like the pre-electronic days with people shouting bids and offers. From what I understand, floor trading is a particular style, hunting ticks and running with the palpable sentiment of the market. Most forex retail talk revolves around institutional sized positions, scalping off pins, trading the daily, algos, bots, trend trading etc. But the more I trade the short term time frames, the more convinced I am that the floor trade is alive and well, and that it drives much of the interesting intraday action. It's just now the floor is everywhere. What are your thoughts?
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