Hello! CARRY TRADE is a new refreshed “Trade with swap.” 😉
Beside it is a table presenting the amount of money(in PLN) that we can earn after open preferred position(green-long, red short) in the appropriate currency pair (in the broker XM ), which will be continuously updated (click to enlarge image).
EURTRY
EURTRY – resistance after the test, we see that the bulls are starting to show their weakness. We immediately notice that the price has not established a new higher peak. Weekly candle closed near its minimum, and candle is not rach maximum of last week candle. It seems that we are consolidating on the currency pair. It is worth to observe the behavior of prices in this currency pair. If the next one will be a strong weekly candle marubozu downward and closes below the support zone is selected it can be treated as a signal to take a short position in the area with the goal of 2.55 and a stop loss above the current maximum.
EURZAR
EURZAR – currency pair which have occupied the position. Currently, there was no resistance test, however, it can happen and late traders should wait for this place to occupy its short positions. If the next day candle closes below the current lows of probability for the correction of resistance around significantly reduced. If the price will implement our Take Profit and then will test the resistance of a short position will be associated with a higher risk and less likely to succeed.
