Stay 
Trading Conditions
Products
Tools
The daily trading plan does not involve searching for an entry to sell, as the pair is trading outside the monthly short-term. Despite the strength of the momentum, sales from the current levels are no longer profitable. In 90% of cases, there will be a return to the monthly CZ of August, which will make it possible to earn on purchases.
An alternative model of decline has a low probability, however, such strong momentum, without visible support levels, may continue. For this reason, you should not enter a purchase without a formed pattern. The first pattern that can be considered today is a "false breakdown" of Friday's minimum. If the breakdown leads to the absorption of Friday's fall, then the entrance to the purchase will be justified.
Daily CZ - daily control zone. An area formed by important data from the futures market that changes several times a year.
Weekly CZ - weekly control zone. The zone formed by the important marks of the futures market, which change several times a year.
Monthly CZ - monthly control zone. An area that reflects the average volatility over the past year.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
