exploration

Buying on the Dips EUR/USD 100 pip Setup

FX:EURUSD   Euro / U.S. Dollar
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This setup is for more advanced traders....Here is the setup: Buing the EURs on the Dip. Place order Buy at 1.2535, Target: 1.2635, Stop: 1.2500 This trade is for 100 pip setup.
Please notice:This setup has more risk and should be used by advanced traders...because stop outs do occur.

Otherwise i recommend the pivot method idea....easy to use and to watch price movement

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Comments

Some are reporting on the internet that below 1.2555-60 would bring correction to 1.2530-35, however, downside should be limited to 1.2500 and support at 1.2487 should hold and bring another rise .
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Price action has hit 1.2557 Its still possable that the dip will hit 1.2535 I am watching this.
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