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Thread: Eur/usd analysis

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    Default Eur/usd analysis

    Looking at the EUR/USD pair for 15 minutes, it is noticeable that it is gaining some pips at the price level of 1.0840 Should there be a continuous appreciation in the price, the next resistance level will be 1.0850 with the next support level at 1.0835.

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    High trade size may lead us to danger sowe have to be patience enough in selecting trade size. The lower the trade size is, the lower the trading risk is. FXOpulence offers 1:500 leverage and narrow trading spread.

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    News trading is a type of trading that requires much knowledge. Many traders are relying on this approach to derive quick profit from this market. Due to smart bridge technology used by FXOpulence broker, a trader can smoothly execute trades.

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    I follow price action trading, applying it to any market. If my strategy permits, I open a trade within five minutes; otherwise, I skip it. I set stop loss and take profit, monitoring occasionally, and manually close trades if needed. LQDFX broker doesn’t restrict any of my trading style and I never face any requotes, slippage and dealing desk issue while trading with the broker.

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