2016-04-20_00-45-34eurusddaily

Dear traders,

Last post was about our entry for the eurusd currency pair.

If you took the trade you are riding the move now in profit.

We have price over the 50 day moving average and the stochastic cycle crossing over the 20%.

Therefore I hope for a continuation of a bullish move for a bigger profit.

Now our work is just to trail our stop as long as price continues to move in our favor

BEST OF  PIPS

One thought on “Follow Up on the EURUSD Chart”

  1. Frederick f says:

    I don’t know… looks like that big down bar 5 days ago could be indicating a change in trend… and this is just a retracement in that trend…

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