Education system is setting kids up for FAILURE
You can clearly see what a strong support/resistance zone we have here, marked with purple arrows is where this zone has been used as resistance and orange arrows mark out where it was used as support, Now price is currently in our zone and after moving 110 pips to the downside ( bearish ) on Friday we are expecting downwards movement to slow down and for price to continue respecting our zone.
We will be setting some orders both for a buy and a sell because if price can break such a strong level then we could se some sizeable movement to the downside, this way we are limiting our risks and have the chance to catch a big move but our prediction is still bullish.
If you are a newbie to trading then this pairing is a good pair to look at as it respects key levels really well, you can se that on this chart from our zone and also our resistance level drawn on ( green line ) So get this charts up and study it until you can find these key levels on your own!
This is where the education system fails people, see how easy it is to spot setups like this? Spotting just a couple of these a week can earn you more than your low paid, dead end job you have to be out the house 9 hours a day for... But instead the system and government want you to get all your grades so you can go to uni for a few wasted years just so you can come out with thousands of debt hanging over your head ( controlled by the government ) just to find yourself working in a fast food restaurant because you cant find a job with your qualification that probably isn't worth the paper its printed on.
Rant over haha, so go away and practice!!!!!!!
We will be setting some orders both for a buy and a sell because if price can break such a strong level then we could se some sizeable movement to the downside, this way we are limiting our risks and have the chance to catch a big move but our prediction is still bullish.
If you are a newbie to trading then this pairing is a good pair to look at as it respects key levels really well, you can se that on this chart from our zone and also our resistance level drawn on ( green line ) So get this charts up and study it until you can find these key levels on your own!
This is where the education system fails people, see how easy it is to spot setups like this? Spotting just a couple of these a week can earn you more than your low paid, dead end job you have to be out the house 9 hours a day for... But instead the system and government want you to get all your grades so you can go to uni for a few wasted years just so you can come out with thousands of debt hanging over your head ( controlled by the government ) just to find yourself working in a fast food restaurant because you cant find a job with your qualification that probably isn't worth the paper its printed on.
Rant over haha, so go away and practice!!!!!!!