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Weekly Trades

Surplus Forex is committed to walk clients through their forex journey via publishing invaluable information continuously e.g. Daily Trades, mentorship programs, videos & articles, live webinars, etc. Thus providing them with knowledge, tools and techniques for successful trading experience.

LEARN

Next Step, you want to ensure that you continously able to find and materialize new opportunities & maintain higher probability to construct profitable trade set-ups.

TRADE

Strategies for Advanced Traders" we have explained what, where, when, how & why to put each strategy to practical use as opposed to theoretical available information elsewhere.

INVEST

if you believe that you already know these terms and their context behind the application during real life forex trading then attempt all the quizs to make sure you have strong fundation.

Daily Trades

To be successful apply these strategies with following 4 Rules--

  1. Learn all the strategies provided in the next program and pick only 2 or max 3 strategiesthat suits your schedule, personality & risktaking appetitie(money mangement)
  2. Apply these on Demmo account for 4 weeks
  3. Keep track of your trades daily on excel file; re-learn the fundamentals and strategies to correct your mistakes.
  4. Must start trading with real money in 5th week & be profitable.
Daily Trade Analyses and Setup - Jan 8, 2018, to jan 10, 2018
Posted By: B L Praveen

EUR/USD

EUR/USD is trading higher shortly before the U.S. opening. The Forex pair traded lower early in the session, but mounted an intra-day comeback after a successful test of a major 50% level. The direction of the market the rest of the session will be largely influenced by the movement in U.S. Treasury yields and the outcome of several key economic report. The closing price reversal top doesn’t mean the trend is changing to down. It often leads to a 2 to 3 day correction of about 50% of the last rally. A trade through 1.2323 will negate the chart pattern and signal a resumption of the uptrend. The major long-term 50% level is 1.2166. This price level provided support earlier today.

AUD/JPY

EUR/USD is trading higher shortly before the U.S. opening. The Forex pair traded lower early in the session, but mounted an intra-day comeback after a successful test of a major 50% level. The direction of the market the rest of the session will be largely influenced by the movement in U.S. Treasury yields and the outcome of several key economic report. The closing price reversal top doesn’t mean the trend is changing to down. It often leads to a 2 to 3 day correction of about 50% of the last rally. A trade through 1.2323 will negate the chart pattern and signal a resumption of the uptrend. The major long-term 50% level is 1.2166. This price level provided support earlier today.

 

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B L Praveen 2 years ago
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