Forex Signal For EUR/USD: Strong Bearish Trend Continues.

  Forex Signal For EUR/USD: Strong Bearish Trend Continues.    The price hit new 1-year lows below $1,1200. Last Thursday's EUR/USD signal produced a losing short from the hourly doji candlestick that rejected the resistance set at $1,1338.  

Today's EUR/USD Signals

 

• The risk is 0,75%.
• Transactions must only be entered by 17h00 London time today.

 

Sales Trade Tips

 

• On the next touch of $1,1234 or $1,1271, go sell immediately following a bearish price reversal on the H1 time frame.
• Place the stop loss 1 pip above the local swing height.
• Set stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, remove 50 percent of the position as profit and let the rest of the position be driven.

 

Forex Signal For EUR/USD: Strong Bearish Trend Continues.

 

Buying Trading Tips

 

• Enter long on the next touch of $1,1195 or $1,1155, immediately after the bullish price action reversal on the H1 time frame.
• Put the stop loss 1 pip below the local swing low.
• Set stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, remove 50% of the position as profit and let the rest of the position be driven.

 

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