Forex Signal For EUR/USD: A Weak Rise Above $1,0457
Forex Signal For EUR/USD: A Weak Rise Above $1,0457
The previous EUR/USD signal on May 12 may have resulted in a long-term trade loss from an inside bar rejecting the $1,0427 support level.
Today's EUR/USD Signals
The risk is 0,75%.
Trades can only be made before 17h00 London time today.
Sales Trade Tips
Sell on the next touch of $1,0591 or $1,0604, immediately after a bearish price reversal on the H1 time frame.
Place the stop loss 1 pip above the local swing height.
Move stop loss even when the trade is 20 pips in profit.
When the price reaches 50 pips in profit, take 50% of the position as profit and leave the rest of the position running.
Forex Signal For EUR/USD: A Weak Rise Above $1,0457
Buying Trading Tips
Buy as soon as the bullish price action reverses on the H1 time frame on the next touch of $1,0457 or $1,0391.
Place the stop loss 1 pip below the local swing low.
Move stop loss even when the trade is 20 pips in profit.
When the price reaches 20 pips in profit, take 50% of the position as profit and leave the rest of the position running.