What Would You Do? Trade 2: Forex Trade Signals EURUSD M5 Setup Part 1 James Possible | Forex
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Forex Trade 2 - Part 1 (Currency Pairs: EURUSD) Put your skills to the test with our UOP trade signals. Watch the Forex trade setup in Metatrader 4 in realtime and then decide what you would do... Would you take the trade or not? Share why or why not below, let's learn together. What Would You Do? Trade 2: Forex Trade Signals EURUSD M5 Setup Part 1 James Possible aka DS Domination Dad http://youtu.be/8TncGRi1Iu8
Comments
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I wouldn't trade at this very moment only because the green candles have pushed through a resistance point at least with what can be seen on your chart. I would probably open up a one minute chart with the 5 minute chart, put some bollinger bands on there and see if the last candle has gone through the top bollinger band. Most likely I would wait at least another 5 minute candle (or follow the 1 minute candle) to see if I want to enter the trade as a Put. For now I wouldn't take the trade due to passing through the prior resistance level.