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Posted on Oct 26, 2015 at 04:08 PM
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Weekly Forex Trading Analysis on EUR/USD and GBP/USD

The Weekly Analysis for 26th to 30th of October 2015

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

EURUSD:

Buy: Our first buy on EU will be @1.1015, but if price broke and closed below 1.1015 we will close the buy and enter sell order.

EU 2nd buy will be @1.0890, but if price broke and closed below 1.0890, we will close the buy for the week.

Sell: Our first sell on EU will be @1.1153, but if price broke and closed above 1.1153 we will close the sell and enter buy order.

2nd sell on EU will be @1.1260, but if price broke and closed above 1.1260 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 @1.5136, but if price broke and closed below 1.5136, we will close the buy for the week.

Sell: Our first sell on GU will be @1.5407, but if price broke and closed above 1.5407 we will close the sell and enter buy order.

2nd sell on GU will be @1.5520, but if price broke and closed above 1.5520 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.

For better performance you should monitor these signals on 1 hour Time Frame.

 

Wishing you plenty of pips this week.


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