Welcome forex traders,
I want to share with you some trading setup for this week. All trades will depend on my momentum indicator "True Direction Oscillator (TDO)", which you can find here:
https://www.mql5.com/en/market/product/12914
First setup is for EURUSD. TDO show a bearish trend, but this pair have been ascending for the last four candles. This give a good sell signal for short term traders.
Our second opportunity is selling USDCAD because TDO give a buy signal but the currency pair showed some negative correction in the few past days.
I hope you like those setups. You can trade them manually or depending on my free MT4 expert advisor "Bermaui Average EA", which is found here:
https://www.mql5.com/en/blogs/post/730567
Good Luck for everyone
Muhammad Al Bermaui, CMT