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EURUSD-POLITICAL CRISIS: POWER UP THE BULL.

In last 4 months,euro faced high fall reports. Due to its political crisis.
Italian constitution triggered the fall.
Even after the formation of new government, they still in the lime light of euro. But there are some other reasons.

Spain is the euro’s fourth largest economy, has its own political crisis. What seemed like an imminent fall of the PP minority government is not a done deal.
The opposition parties have not reached an agreement about the next steps.

A new government or elections. The no-confidence vote on Friday is not guaranteed success.

Apart from this ,

The momentum, of the signal traveled in down face for long time. At 1.18480 the market start to recover from the fall and spikes in the down trend line (shown in graph). In that we can evident the impulse and its correction.
Within a short interval of time at 1.15521 again signals got a pullback for a bounce.
After the pullback we could see the candles with high-upward potential.
Here, there are chance for two probabilities,
Candles may grow as impulse (or) correction and impulse.
If impulse means, the rise might be up-to 1.19564.
If correction and impulse means,(won’t affect)
A small chance for fall,don’t panic the impulse will neutralize it.
stay in positive lane and determine the buy.

 

SIGNAL SPECIFICATION

Pair:EURUSD

Order:BUY

Entry:1.17035

Stop loss:1.15979.

Take profit 1:1.18289.

Take profit 2: 1.19514

Risk Vs Reward:1.16
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1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward upto 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that, even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allow you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

Note: Everything works with Best money management.

Note: Please leave comments for any query.

Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

Best
Forextamil

31 May 2018 4:34 pm Posted by tamilforex

 
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