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Go Long....

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Go Long....

Looks like the EURUSD pair is on a major support level and may reverse,....Look for a Long Position !!

Wed, 08/30/2017 - 12:17pm

Not yet!!!


Maybe it will go up now..


Note: 3 major reports coming out later today. Non-farm payrolls, Ave. hour earnings, & Unemployment rate!

Thus; the current pullback in preparation of a bearish report. However, the major trend is bullish.

Trade the breakout strategy and expect a fake out move. You can use Steve Perry's latest momentum strategy that uses the breakout to 30 pips TP by using buy stop orders above the consolidation period, and sell stop orders below consolidation.

Hope this helps catch a quick profit.


Great insights trguylm1. Thank you and all the best!