FX.co ★ Trading tips for EUR/USD

Yesterday's trading plan was all about increasing EUR/USD to continue the bullish momentum that started after Powell's speech.

Plan:

There was also a buy signal for the M1 TF, which has a stop order of 100 points.

The target movement happened during the European and US sessions, when the pair rose and broke through the level of 1.05.

Congratulations to those who followed the strategy! Euro gained as much as 1,000 pips. The profit/loss ratio was 10:1.

To those who have not closed their positions yet, you should do so at current prices.

The trading idea was based on the "Price Action" and "Stop Hunting" methods.

Good luck and have a nice day! Don't forget to control the risks.