Enter a long trade on SG30 this morning when the price breakout.
The trade was in-ligned with the Lazy trend System.
US markets was bullish yesterday, thus i was expecting the Asia markets to follow as well.
A long trade was entered in Dec 2017.
A breakout with momentum was signalled by Lazy Trend System.
Both the long and mid-term are bullish.
The trend is still strong with more than 15% profits currently (3% risk based on initial stop loss level).
My patience pays off!
Lazy Trend System spotted a Long trade last week.
The price is in uptrend as indicated by the Lazy Strength Indicator below.
There was a strong breakout from the resistance formed since Sep 2017.
I have locked in the trade today, and will continue to let the profits run.
The trend is still DOWN.
Lazy Trend Strategy identified a short signal.
Immediate support is at 0.944, which is about 50 pips away from current price.
I will monitor the trade and lock in profits around the support level.
EURUSD has been in a very strong uptrend since early this year.
It broke the price channel last Friday with strong momentum.
Lazy Trend Daily identified a LONG signal.
Immediate resistance to take now : 1.2147