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The single currency still notched up a weekly gain of 0.48% after comments by European Central bank officials reinforced expectations that the bank is on track to normalize monetary policy.
Sterling was a touch higher against the dollar, with GBP/USD settling at 1.4238 after rising to a ten-week high of 1.4297 earlier amid expectations for a rate hike by the Bank of England as soon as next month.
The Dollar may make small gains against the Euro to levels of 1.22 in the next few days. World-Signals.com trading strategy for today is to trade into neutral direction and try to open short positions with gains of 25-40 pips.
thank your friends for the advice you provided strategy. I will try to analyze it and use it the way I have so I can gain profit in forex trading. we as traders should always understand the meaning of life will be more useful to us than the very small and the results are very long. I also want to start sharing some of my trading strategies with people who want to test them. I have come to understand that this forum is full of people who help people to achieve success in the currency trading business. Prepare for me, I will launch it soon.
It's really a very nice and knowledgeable post but in my view you can not have more success just by watching Bollinger bands and trading we need to pay attention to other parameters also very closely, then only we can have a higher percentage of success because it is risk of placing trade against market trends. The main problem with Indicators, they can not predict the forex situation in the future. They just show you the current position, they change positions there because the market increases, most of the time you will regret or become angry at the indicator, but that's not an indicator of error, it's you who trust it.
thanks. This is great for big capital traders. I do not think any trading system fits with anyone. A good way makes you have a trading system and make money by using it. You will not make trading system first get knowledge about the forex market and get experience using dem you can earn money by using your trading system It's a good setting and a good pair of indicators I also think it's a good thing to use bollinger bands and RSI is a relative strength index. Quite frankly 4 hours is good for lagging indicators. thanks.
You have not told us anything about the success rate of your strategy. how long you tested or used your strategy and how successful it was. also the trend is the most important and useful way to trade because it gives high pips profits, and the only problem that occurs in this strategy involves the trend is sometimes the market does not trend anywhere and continues to slide at the same level for sometime. sometimes. I can not trust your trading system because it depends on the use of indicators, so I want a trading system that is not based on any indicator because naked trade is what is in demand right now and that is the only thing that the forex market respects. now and it is getting popular all over the world.
The EUR/USD pair initially tried to rally during the week but found the area above the 1.2350 level to be a bit too expensive. Now that we have pulled back from that area, we ended up forming a shooting star for the week.
The EUR/USD pair initially tried to rally during the week but found the area above the 1.2350 level to be a bit too expensive. Now that we have pulled back from that area, we ended up forming a shooting star for the week. However, I see a significant amount of support below the 1.21 handle, so I think that we are about to see more of the same back, and forth and choppy sideways action.
bhia me to kabhi bhi stretigy pr belive ni krta hnh ayr agar stretigy banai bhi ho to ap ko chaiy ek ap apni khd istretigy banao becoz agar ap khud banao gay to apk pta hoga ke kab loss aur kab profit de sakti hn lekin kisi aur ki stretigy pr just loss hoga :)
Thank you for sharing your indicator, but the problem is I use many indicators but there are no indicators that give me much help and I lost a lot in using any indicator, I earned $ 151 last month and I lost everything in just 2 trades wrong signal by indicator. Few enough series of blog posts use additional EUR / USD. this type matches the most common pair. I am a beginner, so you will be able to rent EUR / USD just someone and a woman, spouse, it values this kind of methodology by sharing it here.