FX.co ★ Trading tips for EUR/USD

Good day, traders!

The trading idea presented on April 6 was for decreasing the rate of EUR/USD.

That is exactly what happened this Friday, when demand for dollar rose amid good data on the US labor market. The scenario led to a sharp drop in the pair.

Congratulations to those who followed the presented strategy! The price movement was as much as 500 pips.

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

Good luck in trading and don't forget to control the risks! Have a nice day.