Euro is stronger against USD, which produce a strong bearish trend early this week on 30M time frame. I can easily turn 1000 into 5000 in two days using 1 standard lot for each trade. However, false signal wiped out the profits. We have no idea where the market will move. The pair is bumpy at the moment. It is good to avoid any short term trade for this pair at the moment.
Read more...Expecting GBP/USD pair to feed the bull after a long bearish trend on 5M time frame. Experimenting with Instaforex broker. Demo account with 25 points, duplicating the properties of InstaEurica account type to test the trade without any single technical indicator. It is very tricky to trade with this broker at first. No spread, but the commission for every trade make it very tricky to determine profits especially during scalping. As for Fxopen, Indicator balance hit 100 points while Scalp was staying easy above 3000 points. Live micro account gain +6 pips for GBP/USD long trade.
Read more...
