Live-Forex-Day Trading-EUR/USD

This is the 2Day 5Min Chart for EUR/USD

Following 2 consecutive losses at S1, trading was stopped to take a critical look at the market before placing the 3rd and final trade. Since the Market is now trending sideways around S1, this cannot be used as a point of entry into the market. The plan is to wait and observe the Market for possible formation of Market Support or Resistance.

Comments

Post a Comment

Popular posts from this blog

About dkbMARKETS, Forex Trading Competition with Cash Prizes and Other Bonuses

Image
Why dkbMARKETS?? dkbMARKETS, www.dkbmarkets.com , is run by highly experienced industry professionals bringing you first class service. We are here to assist you in becoming a successful trader and investor in the Financial Markets. We provide you with access to Trade the global financial markets such as Currency (Forex) trading, Commodities trading, Trading Indies and also trading USA, UK and European Stocks. We also provide on-going mentorship and support for our Live Account holders with weekly online Live Trading sessions. We hold regular FREE live and online seminars, workshops and paid master classes. We currently have a promotion going on which entitles NEW Live Account holders to a 40% instant bonus on their deposit also with a FREE e-book titled "The Definitive Guide To Building a Winning Forex Trading System". To be updated on our events and seminars, Click Here on dkbMARKETS Updates to fill out the form and follow the instructions. Feel free to ...
Read more