AlpacaBlack

EURUSD 31Jul2020 Last day of the best month for fiber in decade

AlpacaBlack Uppdaterad   
FX:EURUSD   Euro / USA-dollar
EUR still climbing, without real trading volume, but climbing. It is nothing to do with this. Can we expect a top here? Nobody knows.
imho reduce open positions and trade with care.
Cheers!
Pls apply your own trading and mm rules in any case.
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N!B! In case that market makers introduce manipulation on the market the best way is to:
1. Reduce the amount of open positions and to reduce the number of pairs to trade simultaneously.
2. Trade against key levels only
3. Use stop loss
4. Prefer day trading with min open position o/n, due to high risk of manipulation.
We must understand that if they can do it one way they can easily do it other way and frankly nobody expects that the price can change 20 big figs during o/n, but it can now. The beast is free.
Trade with care and good luck frnds!
Cheers!
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Levels to watch
1.19107 on the upside
1.1879 / 1.1834 / 1.1788 on the downside
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End of day lets find out what next...
imho
Have a great w/e. Cheers!
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