Today I'd like to share 4 trade examples from today's EUR trades.
Two setups are working and two don't, or at least not yet.
Let's start with EURJPY
What a wonderful breakout to the downside perfectly confirmed by our strength and volume analysis.
Let's move on to EURAUD
The volume situation is clear, but the strength is not ready yet and EURAUD struggled at a support level.
It's the exact same situation as on EURNZD
These "hectic" entries between two phone calls without considering all details leads to an unnecessary floating drawdown on both pairs.
On EURCAD it's different
Another SELL trade setup with a slightly rising volume Delta which leads to a floating profit.
With these examples I'd like to demonstrate two things
1. Wrong entries can always happen, but you reduce your failures if you stay calm and concentrated
2. There is no best indicator. I wouldn't miss any of my tools because I would miss important information.
If you use all of them, you'll get a complete insight, which is necessary before taking a trade.
Find the right trading opportunities day by day!
(and learn when to better stay out as well)
1. Visit https://www.mql5.com/en/blogs/post/677671
2. Have a look at our free News Channel -> https://t.me/STEIN_INVESTMENTS_NEWS
Study the published articles in detail to learn how to spot great trading opportunities.
Besides the advantage of professional in-depth market analysis provided by my tools,
you'll get access to an exclusive group of skilled and successful traders who are willing
to share their experience and trades with anyone interested.
It takes just two steps to become part of our great and successful community
1. Get your toolset at https://www.mql5.com/en/users/blueball/seller
2. Send proof of your purchase to https://t.me/SteinInvestments
and you'll get your invitation to our amazing group chat
All the best and happy trading
Daniel
