Hello traders welcome to a new trading week as we can see on the charts all the price action from the last two trading days and the large amount of data that was released. I have looked the charts and we have some really nice trade set ups today and minimal data too be released. Looks like a good day to trade Forex.
Plan Your Trade and Trade your Plan !
OK let us take a look at the trade plan for today on the EURUSD- This is the 30 minute chart.This is the 30 minute chart.l have say we are just going to continue the trend that is on the higher time frames and I am looking for price action to continue to go short after is calms down from all the data released Thursday and Friday. I like we are under the daily pivot point and looking for a bearish candle to short this at the price if 1.0886. I am looking to take profit at the support zone and the 200 ema that is marked on the chart at the price of 1.0651
Thank you traders and talk soon…William