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!
Monday, August 3, 2015
New Signal EURNZD
As of 08/03/2015 at 21:20 EST:
The Global Currency Scalper has identified a possible long trade in EURNZD.
The EURNZD is in the process of forming an ascending triangle on the 1H chart. This pair has a 69% success rate on the 1H chart and this ascending triangle pattern has a 80% success rate on all currency pairs our algorithm trades.
We will be buyers of this pair approximately 20 pips above the top line of the triangle. Our profit target will be 250-300 pips while our stop will be 140-180 pips.
Labels:
Bloomberg,
business,
currency,
economy,
euro,
finance,
Forex,
hedge funds,
investing,
music,
nyc,
options,
pips,
shanghai,
stock market,
stocks,
trading,
wall street
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