Please reload

Recent Posts

Buying EURUSD: Price action system

June 25, 2018

Good morning and happy Moneyday from gorgeous Limassol Cyprus!

 

It's yet another warm day here in Limassol (and all over Cyprus) and the markets are ready to rock!

 

I've just taken a buy trade on EURUSD based on my Price Action System indicators, the profit potential is decent (about 100 pips) and the loss is small (30 pips).

 

EURUSD 4-Hour Chart

 (click on image to enlarge)

 

As you can see, I am using basic support/resistance levels to trade this setup. 

 

My TP is set at the 1.17380 mark and my SL at 1.16015.

 

I am using the system which I will be teaching in the upcoming mini-course on the 5th of July. 

 

If you are interested to learn this price action system, and the routine I am using to trade (with limited time) make sure you sign up to this course. It starts at 16:00 GMT on the 5th of July 2018.

 

Thats all folks, I have to head out and go for a long drive to another city!

Enjoy the week and safe trading!

 

Share on Facebook
Share on Twitter
Please reload

Follow Us
Please reload

Archive
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square
  • Black Facebook Icon
  • Black Twitter Icon
  • Black Instagram Icon
  • Black YouTube Icon

Disclaimer: Any Advice or information on this website is general advice only. It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided by PipsMatter, or anyone associated with PipsMatter.

 

High-Risk Warning: Online trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of trading in forex, futures, commodities, cryptocurrencies, shares, and options and be willing to accept them in order to trade in these markets.

 

Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade or invest with borrowed money or money you cannot afford to lose.

 

Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

 

Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.

© 2016-2019 Pipsmatter.com