MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Trading plan for the European session on September 10 GBP / USD

To open long positions for GBP / USD, you need:

Pound buyers need a quick return to the resistance level of 1.2939 to save the situation. Only it will be a signal to open long positions in expectation of updating the high of 1.2982 and exit to 1.3024, where I recommend fixing the profit. In the case of a decline to support 1.2906 in the morning, long positions on the pound can be searched for the update area 1.2872, or for a rebound from 1.2831.

To open short positions for GBP / USD, you need:

A repeat support test of 1.2906 may lead to the formation of a new downward wave in the pair, with the last week's lows updated in the area of 1.2872 and 1.2831, where I recommend fixing the profit. An unsuccessful consolidation above 1.2939 in the morning will also be a signal to GBP / USD sales.

analytics5b96138854266.png

Description of indicators

MA (average sliding) 50 days - yellow

MA (average sliding) 30 days - green

MACD: fast EMA 12, slow EMA 26, SMA 9

Bollinger Bands 20

The material has been provided by InstaForex Company - www.instaforex.com