UK100 Index collapsed on the impact of a strong dollar
Indices and most of the currency pairs that are traded with the US dollar lost ground today. The market entered a fast phase of price changes. After a long hibernation, prices rushed away from their previous positions. Such trend movements do not end only on the first wave and do not reverse immediately. We will take advantage of the current market situation and enter a short position with a target of 55 pips. Join the bears following the trend after the breakout of the first fractal on the hourly chart.
Order Type: Pending Order - Sell Stop
Entry Price at 7065
Take Profit at 7010
Pips Earning: 55
Forex trade strategy for major currency pairs:
EURUSD buy at the price of 1.1300
USDJPY sell at the price of 113.30
GBPUSD sell at the price of 1.3290
USDCHF sell at the price of 0.9240
The result of a trade recommendation.
Trading recommendation for stock index
The profit can be $550.00 if the trading volume of 10 Futures.