Screen Shot 2015-12-07 at 07.50.49

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

FX Instructor Forex Blog – For Traders, By Traders

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.