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Posted on Oct 12, 2015 at 04:23 PM
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Weekly Forex Trading Analysis on EUR/USD and GBP/USD

The Weekly Analysis for 12th to 16th of October 2015

With Our weekly signal which depends on a special indicator, we are looking forward to place the following orders on:

EURUSD:

Buy: our first buy on EU will be @1.1360, but if price broke and closed below 1.1350 we will close the buy and enter sell order.

EU 2nd buy will be @1.1254, but if price broke and closed below 1.1254, we will close the buy for the week.

Sell: our first sell on EU will be @1.1480, but if price broke and closed above 1.1480 we will close the sell and enter buy order.

2nd sell on EU will be @1.1700, but if price broke and closed above 1.1700 we will close the sell order for the week.

 

GBP/USD

Buy: our first buy on GU will be @1.5247, but if price broke and closed below 1.5247 we will close the buy and enter sell order.

GU 2nd buy will be @1.5080, but if price broke and closed below 1.5080, we will close the buy for the week.

Sell: our first sell on GU will be @1.5406, but if price broke and closed above 1.5406 we will close the sell and enter buy order.

2nd sell on GU will be @1.5550, but if price broke and closed above 1.5550 we will close the sell order for the week.

 

NOTE: all the TP for any of the positions is 100 pips, though you’re free to adjust TP/SL according to your risk tolerance.

Wishing you plenty of pips this week.

 

 

 

 

 

 


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