I made a backtest EURUSD and U.S. ISM Non-Manufacturing Purchasing Managers Index (PMI) finding a good opportunity going long the day after if Actual PMI is greater than Previous PMI.
This is not a standalone strategy but a good piece of a puzzle before deciding to open my trade. This trade has closed this evening with 100 pips profit.
my puzzle had today a lot of intersting pieces:
1. Advantage from the last ISM release matching with my backtest
2. USDOLLAR reached the fibonacci's extension
3. Chart 6E1!/DX1! close to a support
3. 30min chart. I setted my entry price after rebouncing twice from a double strong support (red lines = weekly and montly highs/lows)
4. Good bullish wedge pattern on EURUSD (1Day chart)
5. Expectation for rising interest rate tomorrow by ECB.
I like trading with a so lot of opportunities
This is not a standalone strategy but a good piece of a puzzle before deciding to open my trade. This trade has closed this evening with 100 pips profit.
my puzzle had today a lot of intersting pieces:
1. Advantage from the last ISM release matching with my backtest
2. USDOLLAR reached the fibonacci's extension
3. Chart 6E1!/DX1! close to a support
3. 30min chart. I setted my entry price after rebouncing twice from a double strong support (red lines = weekly and montly highs/lows)
4. Good bullish wedge pattern on EURUSD (1Day chart)
5. Expectation for rising interest rate tomorrow by ECB.
I like trading with a so lot of opportunities
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.