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The EUR/USD has been pretty quiet for the past few days, hovering near the previous high and awaiting the delayed NFP.

I was monitoring it on the M15 timeframe, and although I missed the initial strong breakout, I waited patiently for a pullback which netted  a quick $520 USD  profit over the next few hours.

For my exit, I used the T=T profit-taking method to catch the end of the trending move. This coincided perfectly with the short-term top.

With such a strong move, it is likely for the momentum to carry on for the next few days. I will be watching for opportunities either way.

eurusd 221013


Hi, Spencer here! 😀

After making my first million at 28, and trading & teaching across 60+ countries, I have consolidated my knowledge and experience to create the most comprehensive & practical guides for profitable trading, compiled from thousands of books, websites, courses, and interviews with professionals.

comment-img As a former professional trader in private equity and proprietary funds, I have over 15 years of market experience, and have been featured on more than 20 occasions in the media.
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