FX.co ★ Trading tips for EUR/USD

The previous trading plan in EUR/USD talked about taking short positions in order to reduce the price of the pair. That is exactly what happened on Tuesday during the US session, when euro fell down and went past two target levels.

Plan:

Development:

Congratulations to all those who followed the strategy! The pair moved by 500 pips for the first time, and then moved by 700 pips on the second time.

The trading idea was based on the "Price Action" and "Stop Hunting" methods.

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