We are Global Currency Scalpers, bringing you one of our three successful trading strategies. Centered on scalping of the Forex market. We realize that 65% of Forex traders lose money, some estimate it's as high as 90% of Forex traders lose money. At Global Currency Scalper we run three very successful and time proven trading strategies. This blog is intended to bring you one of those strategies with live Scalping updates. Don't be one of the Forex markets statistics!
Tuesday, August 4, 2015
New EURUSD Signal
As of 08/04/2015 @ 16:45 EST:
The Global Currency Scalper has recognized a descending triangle pattern on EURUSD.
The EURUSD is in the process of forming a descending triangle which we will be looking to short about 20 pips below the bottom of the triangle. According to our algorithm this pair has a 76% success rate on the daily chart when it recognizes a pattern. This pattern has a 76% success rate for all currency pairs which we monitor.
Our profit target will be 200-220 pips while our stop will be 180-200 pips.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment