meszaros
Short

EURUSD before 1.5% drop..(daytrade)

OANDA:EURUSD   Euro / U.S. Dollar
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Waiting for short-term intraday access. Our entry point is 1,1441 level environment. If you pass a moment through this level, then the trading strategy will be deleted. Our primary target price is 1,1270 levels. Nearly 1.5% of the entry point.
This trading was recommended in daytrade. A few hours before NFP, I don't trade in daytrade with EURUSD.
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@meszaros, ok
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Do you think it will reach that level before dropping though?
On the H1 an ascending channel is forming but could break out and drop before reaching.
There is going to be more volatility too when NFP comes out 1.30 pm GMT.
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Trader4Life1 Trader4Life1
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Which time frame is this?
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meszaros Trader4Life1
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meszaros meszaros
@meszaros, Volatility in the exchange rate is increasing, so the ATR also increases. Soon larger movements are expected.
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