First signal of the week – EURNZD

Written by Raul Lopez on . Posted in Trades & Analysis

What do you think about the gap this Sunday after the US credit downgrade? I thought it wasn’t that bad, honestly when I saw the news Friday night I thought the gap was going to be larger… but its good after all, this way the market doesn’t screw up my analysis!

Anyway, just got the first signal of the week, and the winner was EURNZD, again… It is trading in a very clear bullish condition and looks like it will continue in this condition, at least until it reaches the next LT resistance level at 1.7429

Here are the details of my trade:

Entry: 1.7102
SL: 1.7013
TP: 1.7399

Trade Safe!

Raul Lopez
Forex Course

email

Tags:

Raul Lopez

I've been trading the forex market for more than 11 years. All my trades are based on price action. Check out my Forex Coaching program, I can help you develop a system that helps you trade consistently.
StraightForex
Raul Lopez Forex

Trading should be simple

I like to trade using simple tools such as support and resistance levels, candlesticks, price action and others. If you like simplicity, you'll love my Forex Coaching. Read more about me.

If you have any question about anything, please feel free to contact me at: info@straightforex.com or call +1 518 300 3828

StraightForex on Facebook StraightForex on Twitter Call me on Skype Grab my RSS StraightForex on Google+ StraightForex on YouTube