Mid-day Forex price action Analysis – 2016-10-12 (Setups on EUR/AUD, EUR/JPY, and USD/CHF)

In today’s analysis I spot three potential setups on EUR/AUD, EUR/JPY, and USD/CHF. I also discuss last Friday’s successful EUR/JPY short trade.

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13 Responses to “Mid-day Forex price action Analysis – 2016-10-12 (Setups on EUR/AUD, EUR/JPY, and USD/CHF)”

    • Leverage is not that important if you use proper risk management. I think the whole leverage issue is blow out of proportion. As long as you manage your risk properly, your leverage should never get you into trouble. If instead you start risking 10% per trade, then you might have a problem. Go with 100:1, it’s fine.