lacks upward momentum, this being the first day of trading
the euraud uptrend is likely to continue for 7 to 10 hours
It looks like it was not the worst opportunity, I just have to close my trade
this trade carries significant risk sl 1.47376
All the signals that will be posted here are intended for B-a-k-a-eFXS-b-c-ib-r-.
You know yourselves.
All i am looking for are 4 perfect trading opportunities in a month,
AUDUSD was going to be a great opportunity for me to trade, However, i was expecting high impact United States ISM Manufacturing PMI news.
Some background: (You don’t have to waste your precious time reading it)
The Manufacturing ISM Report On Business’s survey results indicates any change in the current month compared to the previous month, based on data obtained from purchasing and supply executives countrywide. The report includes the percentage of respondents who responded in a positive or negative economic direction, as well as all five indicators, were evaluated based on the characteristics: New Orders (30%), Production (25%), Workforce (20%), Provider Delivery Times (15%), and Inventory of Items Purchased (10%), and Stock of Items Purchased (10%), with the Delivery Times index reversed so that it moves in the same direction as the other four indexes. A PMI score of greater than 50% implies that the manufacturing economy is increasing in general; a value of less than 50% suggests that the manufacturing economy is contracting in general.
2 may
Its 4 am The analysis shows no trading opportunity until 1 pm. That is a 9-hour wait
The statement above does not imply that I will have an opportunity to trade at 1 pm today. What I meant is that it is too risky (for me ) to trade between now and 1 pm.