Trading Room

Forex Trading Room Oct 18 – 22, 2021 – Confirmation Signals

October 18, 2021 | 5:44 pm | The 5%ers' Blog > Trading Room
October 18, 2021 | 5:44 pm
The 5%ers' Blog > Trading Room
Forex Trading Room Oct 18 – 22, 2021 – Confirmation Signals

Confirmation signals to wait before opening trade against the trend.

The trading rooms are the opportunity to trade together with our traders!

The rooms are available live three times a week for our traders, both PM and during the level 1 process.

In the trading rooms, we will all interact, scan and analyze the markets, trade, ask questions to each other, share market visions and trading opportunities.

In today’s trading room, we analyzed the charts for the upcoming week. We start with the higher time frames and then check the lower time frames to look for intraday opportunities.

We managed together 3 successful intraday trades in the EURCHF, CADJPY, and EURCAD after we found some interesting rejection areas.

As usual, we also analyzed the main cross-pairs. The JPY is still depreciating, and entering against the trend may be dangerous. Therefore, we talked about confirmation signals to wait before opening trade against the trend.

 

 

– Don’t miss our Forex Trading IdeasFind the best setups in the market right now, share your trading ideas and find potential trades on our forex trading ideas community.

– Join us at The5%ers Traders Support GroupCome and introduce yourself, share opinions, and publish your trading ideas! Open for everyone.

 

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