TraderAvDM

EURUSD Trading Plan: Wait for a Good Level before Buy/Sell

FX:EURUSD   Euro / U.S. Dollar
The daily range in EURUSD has become so small that trading EURUSD is very difficult. Hence, the best way to trade this pair is wait for a good level before BUYING/SELLING.

EURUSD is still trading in a BEARISH CHANNEL . So the logical approach to trade this pair is to :

1) BUY at the BOTTOM of the CHANNEL around 1.1040-1.0160 with SL below 1.1011. TP at 1.1250
2) SELL at the TOP of the CHANNEL at 1.1260-1.1280 with SL above 1.1325. TP at 1.1080
MY TELEGRAM CHANNEL|FREE SIGNALS https://t.me/AvDMFx

COPY MY Trades : https://www.forextime.com/strategy/CopyTradeAvDMFx
Great idea, check mine and let me know how you think.
Reply
Thanks for sharing! Have you thought of trading the 4H Chart? I am up 371 Pips this month on EUR/USD pair!
Here is my chart!
Reply
Great idea, check mine and let me know how you think.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out