In the Forex market, the EURCZK is setting up for a trend continuation trade. Right now, we are in a consolidation period. On the breakout, it can enter the bullish trend again.
Warning: The spread in some brokerage firms is huge. If you are not comfortable with this, don’t trade it. I have already made some good money on this trade and looking to get back in because the bullish momentum is very strong.
For EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .