- forex leaning place

forex leaning place

The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world.

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Wednesday 18 May 2016

Trade of the Week: EUR/USD H1: 13th of May: +5% (+70 pips)


For more details and examples of trade, click "Examples of Trade" in the menu


This is an end-of-week- trade, on the 13th of May, on H4, the ewave has started to peak meaning that the alligator is opening. On H1, we have a very small box of 14 pips so we place a pending order which is triggered at Francfort Open. The price drops and we exit before later in the afternoon for +70 pips which is  +5% profit.


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