Thank you very much too all the new followers and for such lovely comments on trading for the month.
Today we are going to be talking about trading a particular cross pair currency that can make you + 700 Pips in just one trade with a 50 Pips stop loss.
I want to show you that you can take advantage of this move and make some serious money in the coming weeks. Now, if you are new to FOREX trading, do not worry please just send me a message and I can show you how easy it is to trade currencies in a free 30-minute consultation.
Remember at Platinum, we teach all individuals from different walks of life to become a trader or create a secondary revenue stream.
WOULD YOU LIKE TO TRADE ALONG SIDE A PROFESIONAL TRADER THEN MESSAGE ME FOR A FREE SESSION?
Platinum Trading Strategy for the EUR/AUD Pair
The EUR/AUD pair is now in a bearish triangle and currently being supported by the 23.6 % Fib retracement. Once we get a clean daily close below 1.4350 we should short on pullback with a 50 Pips stop loss. This will confirm that daily support has been broken and the bear trade is active.
HOW TO TRADE THE EUR/AUD PAIR?
A) Short the EUR/AUD 1.4400 or nearest zone with a 50 Pips stop loss and a target 1.3660 after we get a daily close below 1.4350 this is a Break out Pullback and continuation trade.
B) Place alerts on the major and minor support areas and go for 20/20 trades
When someone first hears the words technical analysis they tend to over think and start believing that trading is too difficult and time consuming. Believe me every single chart that you can see that I have published is very basic just outlining how the trade is produced.
We have a belief here at Platinum that –
Perfect Trade = Perfect Fundamental + Perfect Technical Analysis + Perfect Logic + Perfect Risk Management.
So with the above in mind let’s talk about the piptastic opportunities that are coming to the Platinum Trading Floor in the month of September.
Before I move ahead ALWAYS USE STOP LOSSES IN TRADING AND ALSO WE ARE NOT GIVING YOU TRADING ADVICE.
All trades should have a stop loss not more than 50 Pips as stated on the chart. Place alerts at these level and watch the profitability in front of your eyes and we can have over a 700 Pips move in one day, so please learn Sell and hold.
So how can you trade the above fundamental events?
Click this link and a member of the Platinum team will be in touch one 2 one consultation for you 🙂
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The information you’ll find in this article is for educational purpose only. We make no promise or guarantee of income or earnings. You have to do some work, use your best judgement and perform due diligence before using the information in this article. Your success is still up to you. Nothing in this article is intended to be professional, legal, financial and/or accounting advice. Always seek competent advice from professionals in these matters. If you break the city or other local laws, we will not be held liable for any damages you incur.