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Hello traders welcome to a new trading week. Traders today we really not going to see much price action as we have no data and we are in the holiday season. I have placed some trade tuples below, Please trade a demo account, this is not the time to give your money back to your broker…..

Plan Your Trade and Trade your Plan !

OK let us take a look at the EURUSD- This is the 30 minute chart.This is the 30 minute chart.l have say we are just going to continue the sidewise price actions last week and we are just wait for some kind of a move, I would like to see this price get to the R1 pivot and give us a bearish candle pattern. I would like to short this at the price of 1.0897, I am looking to take profit at the supper zone as marked on the chart at the price action of 1.0810.Traders we have very light volatility and data today so please stay alert to that.

Thanks traders and we will talk soon…William

FX Instructor Forex Blog – For Traders, By Traders

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