Daily EUR/USD trades
- Thread starter romik
- Start date
TRO DAILY WICK ZONES TRADE
Take the trade in the direction price leaving the daily wick zones.
Of course, trade with the H1 and D1 candle colors.
MADE A YOUTUBE VIDEO
The EURUSD paid off nicely today when it exited the lower zone going up right through the upper wick zone.
You can do this trade practically each and every day.
Jason Rogers
ET Sponsor
Just a heads up...
Forex rollover charges in Euro pairs have surged since yesterday.
A look at interbank forward markets shows that holding Euro short positions versus the US dollar and Japanese yen has become exceedingly expensive since yesterday.
Those forward rates showed that traders could earn interest rate credits in holding EUR/USD-short positions just yesterday. Yet a sharp shift now means that being short EURUSD is now at its most expensive since a similar spike in borrowing costs at the end of last month.
Source: Bloomberg Generic Price - âConsensusâ Pricing
Forex rollover charges in Euro pairs have surged since yesterday.
A look at interbank forward markets shows that holding Euro short positions versus the US dollar and Japanese yen has become exceedingly expensive since yesterday.
Those forward rates showed that traders could earn interest rate credits in holding EUR/USD-short positions just yesterday. Yet a sharp shift now means that being short EURUSD is now at its most expensive since a similar spike in borrowing costs at the end of last month.
Source: Bloomberg Generic Price - âConsensusâ Pricing