Forex Trading Analysis 31 July 2018.
Forex Trader Federico Sellitti walks you through the most interesting currency pairs of the day.
Three trade opportunities for today and we will also see if we are making money or losing with the previous trades.
Position opened:
GBP/CHF short
Entry: 1.3005
Stop Loss: 1.3040
Take Profit: 1.2940
EUR/CAD short
Entry: 1.53
Stop Loss: 1.5330
Take Profit: 1.5160
AUD/CHF short
Entry: 0.7330
Stop Loss: 0.7345
Take Profit: 0.7300
Please note that in the video, I also explain the reasons why I might change my positions during the trading hours, so make sure to watch the video till the end.
Legal Disclaimer: By viewing any material or using the information within this blog, you agree that it is general educational material and you will not hold anybody responsible for loss or damages resulting from the content provided here. Trading has large potential rewards but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in currency markets. This article is neither a solicitation nor an offer to buy/sell any financial instrument.
Trading carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading, and seek advice from an independent financial advisor if you have any doubts.
Past performance is not indicative of future results.
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