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Hello traders welcome to a new trading day as we look ahead we have a lot of data to be released today and the rest of the week so please be alert to that. I do not like what I am seeing on the charts a lot of misleading information. Please pay attention to your trade plan and get conformation.

OK traders let us look at this and the lack of price action we are looking for that to change today and have a bearish bias. Let us look at the EURUSD- This is the 30 Minute chart. Today we have a very easy trade plan as we are looking for price to pull back to the resistance level. At that time I will look for a bearish candle and enter the sell trade at 1.1019. I am looking to take profit at the S2 pivot at the price of 1.0968.

Thank you traders talk soon ……William

FX Instructor Forex Blog – For Traders, By Traders

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