Trading & profit EN

Tuesday Morning... Our focus today is on the Euro 👀 EUR/USD will open near 1.1415-1.1425 after limited upward movement below 1.1450. We have several European news releases today, so the pair's movement might start from the Euro side before the US data arrives. Session Times ⏰ The live trading session starts at 11:00 AM Saudi time and is exclusive to members of the closed group. The futures trading session starts at 12:00 PM Saudi time. We will post two or three free trades in the open group, and the remaining opportunities will continue within the closed group. Today's Important News 📰 At 11:00 AM Saudi time, the Eurozone Bank Lending Survey will be released, indicating whether banks are tightening or easing loan conditions for businesses and individuals. At 12:05 PM, the ZEW Economic Sentiment Index for Germany and the Eurozone will be released. Improved sentiment could support the euro, while a weak reading could increase pressure on EUR/USD. At 2:30 PM, we will be watching the speech by Joachim Nagel, President of the German Central Bank, particularly any comments on inflation or the European interest rate decision expected this week. Today, the European news is coming close to our session time, so we need confirmation from price action before determining the direction. To arrange your entry for the full session, send the word "Tuesday" to: @onlinetrader07

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Today's Term: Strike Price 📌 Strike Price refers to the strike price or reference price at which the outcome of a trade is calculated. In traditional trading, you might hear about Strike Price in options contracts, but in binary options, the concept is simpler: you enter a trade at a specific price, and at the end of the time, the closing price is compared to that price. ⠀ Simple Example 👇 You entered a bullish trade on EUR/USD, and the price at the time of entry was 1.1700. This price becomes the reference point for the trade. If the time expires and the price is above 1.1700, the outcome of the bullish trade is positive. If the time expires and the price is below 1.1700, the outcome is negative. ⠀ Why is this term important? Because some traders focus only on the trend and forget that the entry point itself is crucial. Your analysis might be correct, and the price might indeed rise, but if you entered too late at a low price, the trade could end against you due to a small difference. The idea: The direction is important, but your entry price is what determines whether the move will be enough before the time runs out or not.

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