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Posted on Dec 21, 2015 at 07:01 PM
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Weekly Forex Trading Analysis 21 - 24 October 2015

The Weekly Analysis for 21st December to 24th of December 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 @1.0850, but if price broke and closed below 1.0850 we will close the buy and enter sell order.

EU 2nd buy will be @1.0723, but if price broke and closed below 1.0723, we will close the buy for the week.

Sell: Our first sell on EU will be @1.0922, but if price broke and closed above 1.0922 we will close the sell and enter buy order.

2nd sell on EU will be @1.1058, but if price broke and closed above 1.1058 we will close the sell order for the week.

 

GBP/USD

Buy: Our first buy on GU will be @1.4869, but if price broke and closed below 1.4869we will close the buy and enter sell order.

GU 2nd buy will be @1.4750, but if price broke and closed below 1.4750, we will close the buy for the week.

Sell: Our first sell on GU will be @1.4948, but if price broke and closed above 1.4948 we will close the sell and enter buy order.

2nd sell on GU will be @1.5028, but if price broke and closed above 1.5028 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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