amerfx86's Blog
EURaud on stable outlook
In my technical analysis i will use moving average 100 and 200. If price is above moving average 100 and ma100 above ma 200 then price action tell us that pair is on bullish mode. If price is below ma 100 and ma100 is below ma 200 then we have bearish mode. If situation isnt clear with price action and moving averages then i use additional tolls.
Stable outlook on eurusd
In my technical analysis i will use moving average 100 and 200. If price is above moving average 100 and ma100 above ma 200 then price action tell us that pair is on bullish mode. If price is below ma 100 and ma100 is below ma 200 then we have bearish mode. If situation isnt clear with price action and moving averages then i use additional tolls.
Day 3
Preparation for starting to trade on contest begin witn analyzing eurusd, first trade that i look is to sell eurusd with some small tp. How trading week will go i will took some more trades.
Day 7
Today i took day off for trading and look for my next trade. After strong nfp in US and some declines on eurusd today we see some correction, but i think that decline in this pair will continue.