Are Foreign Currencies About to Rally?
Okay, I'll take one type of trade today. I'll attempt to buy yesterday's low. With the sentiment of price moving higher. I'll set a buy limit order because I don't want to spend most of my time looking at the charts today. I will not buy anywhere else. I will not turn to a seller until I get a confirmation, my confirmation is a move down and retest of support. I'm just flexing my subconscious and also all pairs are at key levels.
Our main focus is on Thursday 20 when we get Unemployment Rate, Jobless Claims, and CPI for AUD, USD, and EUR respectively.
Have a lovely trading everyone!
TRADING PARAMS;
Stop-loss: max 30 pip from entry, min 20 pip.
Take-profit: 1:2, 1:1, 1:3, 1:4, 1:5. It just depends on the distance from entry to the next key level. Also, we use volume analysis for trade management, meaning we do what the market tells us to do, dynamic risk-reward ratio.
We are a signal provider company.
Our main focus is on Thursday 20 when we get Unemployment Rate, Jobless Claims, and CPI for AUD, USD, and EUR respectively.
Have a lovely trading everyone!
TRADING PARAMS;
Stop-loss: max 30 pip from entry, min 20 pip.
Take-profit: 1:2, 1:1, 1:3, 1:4, 1:5. It just depends on the distance from entry to the next key level. Also, we use volume analysis for trade management, meaning we do what the market tells us to do, dynamic risk-reward ratio.
We are a signal provider company.
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