EUR-USD
USD has started rising against Euro, GBP, CHF and JPY. I took 2 short positions on EURUSD and I managed to realized 413 PIPS.
Let’s learn together on how to achieve this on Forex!
Do you trade Forex? USD has continued it downward trend since March. US Treasury Secretary has hinted recently that the green note is important to the US and definitely they won’t like to see it continues to fall.
But now, the question is : Is it now the Time for USD to rise again?
The EUR/USD is popping up towards March highs, exploding from our 3rd tier downtrend line as anticipated. As we explained in our previous post, breaking through the 3rd tier was a key fundamental move. Therefore, the EUR/USD should continue enjoy its upward momentum, at least until the psychological 1.40 area.
I have also created a MetaTrader Expert Advisor to test my trading system on forex. I am now seeing lots of volatility in the EUR-USD pair and you can see lots of trend within the 5 mins or 15 mins charts.
I was so happy that it managed to track down a rewarding trend with a return of 115 pips on EUR-USD pair.
Come to check out this expert advisor (EA) yourself!
