EUR/USD Daily Price Forecast – 8th March 2023

If you like our trade signals, join us on our PREMIUM TELEGRAM CHANNEL.

Trade Summary:

• Buy Stop: 1.05057
• Take Profit: 1.05788
• Stop Loss: 1.05242

Recommended Lot Size

Trading is all about statistics.

While we can experience winning streaks, we can also suffer from losing streaks.

As such, we should always size each trade to withstand losing streaks (if any).

It's widely recommended that you should not risk more than 2% of your capital for each trade.

We believe it's easier to control your lot size by limiting your lot sizing to 0.01 for every $500 in your account.

So if you have $5000, then risk no more than 0.10 lot size per trade.

*****************

If you spot a mistake especially when it comes to the price, please use common sense and check the chart.

We wish you good luck and good profit for this trade idea.

For more trade ideas, join the Price Action Society...

Start with a $30 trading bonus

Trade forex and CFDs on stock indices, commodities, stocks, metals, and energies with these licensed and regulated brokers.

For all clients who open their first real account, these brokers offer a $30 trading bonus to test their products and services without any initial deposit needed.

Learn more about how you can trade over 1000 instruments on their MT4 and MT5 platforms from your PC and Mac, or from a variety of mobile devices.

 

 

 

 

 

 

 

 

 

 

If you like our analysis and would like to receive 3 to 7 trade ideas per day, then
Click here to learn more about the Price Action Society.