Merchant Economic Calendar | July 7, 2020

When and at which currency pair to trade today?

Currency pair and session to trade:-

New York and London sessions overlap.

Today market is having USD event FOMC Member Bostic Speaks, JOLTs Job Openings (May).

Not to trade in the USD currency and currency pairs with USD.


Currency pairs to trade are:-

EUR/JPY

GBP/JPY

EUR/AUD

GBP/AUD

EUR/CHF

GBP/CHF

USD/CHF


Suggestion:- Today market is having high volatility and not working with quaternary rules

(samrules) so trade with low trade size and trade only in EUR/JPY for more wining chances


Economic Calendar- Link

Market Hours - Link


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ALERT:-


STOP WHEN LARGE VIRTUAL MOMENTUM IS FORMING AFTER EACH AND EVERY CANDLE.

NOT TO TRADE-IN LOW VOLUME MARKET.


For the better currency pairs updates be in touch with the telegram group.

Telegram- @merchanttradinggroup


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Legal Risk Discloser:

Trading foreign exchanges contain a high level of risk and may not be suitable for all the traders. Trading in foreign exchanges you should be considering the investment objectives, level of experience and risk appetite. If you are new to the investment objective your initial investment could sustain a loss and therefore not to invest money that you cannot afford to lose. Be aware of market risk and seek for the financial advisor.