Monday, June 22, 2015

Forex Trade Summary (20 June 15)

Hi all. It's good to be back. With the stock market having a standstill, forex is a good alternative for your investing needs. EUR/USD pairing has seen a turn of trend since March. Good time to look for long trades.
Long on EUR/USD on 17 June on an uptrend, just few bars after a long green bar. Pending a breakout of last high of 1.145. Take profit at point below last high, profit of 153 pips. Consistent and safe trade. In market for 3 days. Will take long position again if market corrects to trendline and supports.