EURAUD : Waiting to buy again after bagging 100 pips

euraud succes

In our previous post shown here we suggested buying the EURAUD  could earn 100 pips ,after the Trend/Wave/Extreme system spotted a trade setup. Eventually this has happened and luckily for all you who took the trade made the 100 pips.

Read about the Trend/Wave/Extreme system here

EURAUD (4-HOUR) BUY

If you did not catch that trade then you are in luck my friend ,as the pair has corrected significantly following its up move providing  another opportunity to buy it for another 100 pips.

Why Buy

  • An Up Trend line pattern that keeps going higher
  • Most Trend (long term) indicators are pointing up
  • Extreme Indicators are pointing oversold meaning  it should start moving up again

Wait for two strong consecutive  up candles before buying

Read about the Trend/Wave/Extreme system here.

The following is an analysis of the currency markets using the Trend/Wave/Extreme system . You can read about the system here. Please read our Risk Disclosure and Terms of Use  prior to making a trade using this information.