Global Trade Forex

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2022-02-15 18:47:20 VIP Signal EURCAD BUY Open / Comment

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#TradeSmart Open / Comment

2022-02-15 16:47:38 Profitable trading strategy setup

1. Set the price chart to daily candlesticks
2. Add a 200-day moving average
3. Find a forex pair which has been above the 200-day moving average for at least 20 days
5. Wait for the price to retrace
6. Draw a Fibonacci tool from the start of the last price rally to recent high
7. Wait for a pin-bar pattern at either the 38.2%, 50% of 62.8% Fibonacci levels
8. Enter a market order to buy at the open of the next day (new candlestick)
9. Set a stop loss under the low of the pin bar pattern
10. Set a Take Profit limit order 2x the distance of the stop loss.
11. Wait for either take profit or stop loss to be triggered
The chart setup should look like above
#TradeSmart Open / Comment

2022-02-15 11:17:01 Economic Calendar for Today

Use our economic calendar to explore key global events on the horizon that could subtly shift or substantially shake up the financial markets.

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