We began our Tuesdays with a good winner after U.S. markets opened . We have had good trading days and we were hoping to have another good day today . Last week we saw winners over 20 pips on two different occasions . This allowed us to take the simple trade the rest of the week and focus on very good settings. Today we realized share price cut around the pivot level . Yesterday we had a big gap up in the EURUSD . This price action allowed to fill the void during the afternoon and evening of anoche.Los prices have been hovering around the pivot level and increasingly away from this price point that has a tendency to return .
This is where we decided to take our trade today September 17, 2013 . We saw the price action is just above the pivot. Over time , broke through pivot level we walked into our GToptions trade . Price immediately got on our behalf before pushing down again . We had the opportunity in this trade quite early , however to get better soon got filled. Price eventually moved to the north side gives us a good five- pip winner for day trading today . Milling operations on a choppy market are those that you are most grateful when you do. When you get 20 pips on a trade things are very easy . Arriving from 3-4 pip winners you know you are working much harder . Hopefully the price action starts to make larger movements and allow us to make better trades next week.
In the image below you can see the price action forming two solid wicks above the pivot. This could have been trading days that had been watching the tables above. Price action tried to climb the wick five hours before the previous match , and fell in a good way . It was this movement that allowed us to get in our trade pivot level . We saw prices pivot come through and we got in trade just below that line. Note the green arrow pointing to the north side . This is the candle we entered . Although we did not get to the bottom of this trade, which captured enough space to give us a winner by the time the trade closed . Price finally got a little more at closing, but at 10:00 a news EURUSD do drop occurred below our entry level and made new lows for the day. Although we were out of this trade , the price has returned to the swivel pin and begin again more likely consolidate for the day. If you are just starting today please be careful with your trade and just take the best possible trade setups . We will be trading tomorrow is hump day, and we will see the best possible operations . The price action has been quite weak in the last couple of days after the gap up . You should start to see large movements of next week and hopefully we can have some nice setups . Until then , we will seek the best possible settings , with knowledge of our risk in the future. We will not force businesses and we do not trade , so be sure to keep your business under control. This will save money in the long term and trade much longer. If you have any questions about trading the binary options market may at any time using the comments section or on the YouTube channel.
No comments:
Post a Comment