Singapore Forex Trading | Swift Plunge on the EUR/USD for 200 Pips

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A swift spike down on the EUR/USD once it reached the key supply zone, triggered by the price behaviour. This was an excellent chance for all to short, although there was no good pullback to stack more positions.

The subsequent move was strong and sharp, taking off 200 pips for a tidy profit.

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Spencer Li

Spencer is an avid globetrotter who achieved financial freedom in his 20s, while trading & teaching across 70+ countries. As a former professional trader in private equity and proprietary funds, he has over 15 years of market experience, and has been featured on more than 20 occasions in the media.