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Posted on Aug 03, 2015 at 04:44 PM
Views: 3729
EUR/USD and GBP/USD analysis for 03rd -7th of August 2015
With the use of our special indicator, we will be placing the following orders on: EUR/USD and GBP/USD: Please Note that all the TP for any of the positions is 100 pips, though you’re free to adjust TP/SL according to your risk tolerance.
EURUSD: Buy: Our first buy on EUwill be @1.0776, but if price breaks and closes below 1.0776 we will close the buy and enter sell order. EU 2nd buy will be @1.0458, but if price breaks and closes below 1.0458, we will close the buy for the week. Sell: our first sell on EU will be @1.1281, but if price breaks and closes above 1.1281 we will close the sell and enter buy order. 2nd sell on EU will be @1.1490, but if price breaks and closes above 1.1490 we will close the sell order for the week.
GBP/USD Buy: our first buy on GU will be @1.5407, but if price breaks and closes below 1.5407 we will close the buy and enter sell order. GU 2nd buy will be @1.5240, but if price breaks and closes below 1.5240, we will close the buy for the week. Sell: our first sell on EU will be @1.5675, but if price breaks and closes above 1.5675 we will close the sell and enter buy order. 2nd sell on EU will be @1.5929, but if price breaks and closes above 1.5629 we will close the sell order for the week.
Wishing you plenty of pips taking this week. |