EUR/USD and EUR cross pairs
The EUR trades offered and demonstrated yesterday consisted of trading from target to target. The only requirement is to enter and exit the trades on the platform as the profits are guaranteed. There is never a need to watch a screen, use stops, monitor press releases, or sit all day speculating or gambling on every market price. Trading central bank announcements is literally a no-brainer, although EUR wide rangers have been interesting but highly profitable.
24 hour trading has been a building block for the last 10+ years to make trading and trading easier as I am not sitting at the screen all day. To quote Thomas Edison, inventor of the lightbulb, I also found 10,000 ways trade and commerce don’t work. It is the process of researching the market price, any price and any market.
Trading hours changed as 21:30 Asia trading was eliminated in favor of 24 hour trading. Trades are sent after interest rate release at 16:00. European friends miss nothing as Asia dead for Mo and Momentum.
Day trades jumped from 8 to 15 currencies. Stock indices now include SPX, NASDAQ and DOW Jones. Oil contains STI. Silver includes XAG/EUR and XAG/JPY or Silver in Euro and Yen. There is nothing to do but a few clicks a day.
There are longs and shorts at all market prices. Currencies remain the best market for gains, although NASDAQ and Dow Jones contain built-in gains. It is impossible not to benefit. However, currencies remain the best, easiest and most profitable trades due to constant movements.
Weekly trades are 22 currencies because I can trade 22 currencies perfectly to entries and targets about 45 weeks out of 52 each year each week.
Weekly EUR/USD trade
Long 1.0667 and 1.0657 to target 1.0801. Lows 1.0651, highs 1.0773. Trade runs +116 pips. We can exit profitably.
Day Trade Results
Target 1.0763 and 1.0766. High 1.0773. Notice 7 pips from 1.0773 and 1.0766. Vital commentary and insight into the market price.
Short target hit 1.0651 and 1.0655. EUR/USD traded as low as 1.0611. It is extremely important not to trade EUR/USD shorts below 1.0651. The extra pips must fly by without touching.
Targets 0.8581 and 0.8478. Highs 08590, lows 0.8484.
Targets 1.6651, then 1.6697 vs. 1.6473 and 1.8429. Highs 1.6733 or an additional 36 pips. low 1.6582.
Targets 1.3468 and 1.3488 versus 1.3389 and 1.3367. Highs 1.3549 or 61 pips. low 1.3426.
Targets 1.4956 and 1.4781 and 1.4746. Highs 1.5040 or 84 pips. low 1.4891.
EUR/AUD and EUR/CAD appear as miss. The entire trades were actually perfect. A lot of information was not offered, e.g. B. Complete trades on long and short entries and targets. The trades are 2 longs and 2 shorts each day.
Day trades are ranked for each trading instrument. Today’s currencies are EUR/USD, GBP/JPY, EUR/JPY, USD/CAD. Stay away from AUD/USD, NZD/USD, GBP/USD, GBP/CHF. Nothing special for USD/JPY.
EURGBP has had a respectable performance of late despite being a fairly dead currency. EUR/GBP traded 106 pips yesterday, 68 on Wednesday and 72 pips on Tuesday.
Nothing special exists for WTI today. EUR/CAD, EUR/AUD and EUR/NZD include built-in gains in their prices.
XAG/EUR, XAG/JPY, Silver and Gold are worth no effort as there are no real gains.
Target-to-Target Trades. Knowing how to get started and objectives before trading is imperative as entries exist for minutes and fly by quickly. The absence of an entry limits the profit.