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FX.co ★ Trading tips for EUR/USD

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Forex Analysis:::2023-01-26T07:58:51

Trading tips for EUR/USD

Trading tips for EUR/USD

The plan presented last January 24 was to decrease EUR/USD according to this scenario:

Trading tips for EUR/USD

But on the next day, economic reports were positive, so the plan shifted into driving the prices up during the US session.

Trading tips for EUR/USD

The picture below shows the performance of EUR/USD in the past day.

Trading tips for EUR/USD

Congratulations to those who followed the strategy! The pair moved by more than 1,000 pips.

Traders can exit the market by taking-profit at the current prices.

The trading ideas were based on the "Price Action" and "Stop Hunting" methods.

Good luck and have a nice day! Don't forget to control the risks.

Analyst InstaForex
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