Daily & Weekly Trading Views and Ideas

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  Our Daily and Weekly Trades

The trading activity presented on this page is derived from the Retracement Mastery course. We are using Fibonacci retracement levels to forecast future price moves. The initial technical analysis though is powered by three indicators helping us to find the right moment to place our trades.

GER_30

  • GER_30 moved up this afternoon quite high after the US Stock market opening.
  • This move of the index was hard to be unnoticed and it created a condition for retracement expectation.
  • The Fibo levels show that we are going to profit at least 55 Eur per index sold.
  • Take Profit and Stop Loss indications are shown on the graph.

 08.03.2021

AUD/USD

  • AUDUSD moved down this morning about 70 pips which is considered quite a move for a Monday Trading activity. 
  • This move is early into the session and quite rapid. Is safe to assume that it is the end of it and a retracement will take place.
  • The Fibo levels show that we are going to profit at least 16 pips.
  • Take Profit and Stop Loss indications are shown on the graph.

 08.03.2021

About the author: Marios Kyriakou has a bachelor’s degree in Economics from the University of Cyprus and a master’s degree in Economics from the University of Warwick. He is also a holder of CySEC’s Advanced Certificate in Financial Services Legal Framework and a professional in Online Trading, Forex and CFDs with more than 8 years of experience.

View his full profile > Here

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