empty
16.02.2022 12:35 PM
Trading tips for EUR/PLN

This image is no longer relevant

Looking at EUR/PLN's movement since November 2021, we can see that it dipped by 2,500 pips with small pullbacks, and is now putting pressure on the yearly high. This scenario allows traders to set buy limits in the market.

This image is no longer relevant

As presented in the chart, traders can set buy limits in an increment of 20-30 pips after the breakdown of 4.48. Take profit on a breakout, either at 1 pip above the first order or after a 100 pip rise.

This strategy is called grid trading, which is usually used on cross rates. It involves holding positions that are significant in time and distance. For this reason, we recommend using swap-free accounts, not increasing the volumes in the grid (0.01 standard lot for every $ 1000 of the deposit) and monitor price movements.

Good luck and have a nice day!

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Andrey Shevchenko
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Trading Recommendations and Trade Breakdown for GBP/USD on September 2. The Pound Is More Confident Than the Euro

On Monday, the GBP/USD currency pair continued its upward movement, unlike the euro, which rose in the second half of the day. Thus, the British pound is likely to continue

Paolo Greco 04:33 2025-09-02 UTC+2

Trading Recommendations and Trade Breakdown for EUR/USD on September 2. Monday Is a Hard Day

The EUR/USD currency pair continued its upward movement on Monday, but in the second half of the day, a decline in the quotes occurred. In general, we cannot conclude that

Paolo Greco 04:33 2025-09-02 UTC+2

How to Trade the GBP/USD Pair on September 1? Simple Tips and Trade Analysis for Beginners

Friday Trade Review: 1H Chart of GBP/USD On Friday, the GBP/USD pair traded both lower and higher. The initial decline in the British pound during the first half

Paolo Greco 06:47 2025-09-01 UTC+2

How to Trade the EUR/USD Pair on September 1? Simple Tips and Trade Analysis for Beginners

Friday Trade Review: 1H Chart of EUR/USD On Friday, the EUR/USD currency pair continued to trade very weakly. Recall that for most of the past week, there was virtually

Paolo Greco 06:26 2025-09-01 UTC+2

Trading Recommendations and Trade Breakdown for GBP/USD on September 1. The Pound is Officially Dead

On Friday, the GBP/USD currency pair managed to trade both ways, fully taking advantage of the forming flat. In the first half of the day, the British pound declined

Paolo Greco 04:17 2025-09-01 UTC+2

Trading Recommendations and Trade Breakdown for EUR/USD on September 1. A Bad Week for the Dollar May Be Just the Beginning

On Friday, the EUR/USD currency pair continued its upward movement, which began on Wednesday evening. Market volatility in recent weeks has been low, and the hourly chart clearly shows

Paolo Greco 04:17 2025-09-01 UTC+2

How to Trade the GBP/USD Pair on August 29? Simple Tips and Trade Analysis for Beginners

Thursday Trade Review: 1H Chart of GBP/USD On Thursday, the GBP/USD pair spent nearly the entire day in a narrow range, showing minimal volatility. Even the US GDP report

Paolo Greco 06:41 2025-08-29 UTC+2

How to Trade the EUR/USD Pair on August 29? Simple Tips and Trade Analysis for Beginners

Thursday Trade Review: 1H Chart of EUR/USD On Thursday, the EUR/USD currency pair maintained its bullish bias within a sideways movement that's been underway for about two weeks. This

Paolo Greco 06:41 2025-08-29 UTC+2

Trading Recommendations and Trade Breakdown for GBP/USD on August 29. The British Pound Stuck in an Important Zone

On Thursday, the GBP/USD currency pair also traded higher, but with minimal volatility. During the past day, only one US report was published: the second estimate

Paolo Greco 03:34 2025-08-29 UTC+2

Trading Recommendations and Trade Breakdown for EUR/USD on August 29. US GDP Didn't Save the Dollar

The EUR/USD currency pair continued its upward movement on Thursday, which had started on Wednesday evening. At this point, it's not possible to say for certain that the flat phase

Paolo Greco 03:34 2025-08-29 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.