Buying The EUR/USD
Selling the EUR/USD
The other way to sell the EUR/USD is when the USD is rising, this would mean the EUR/USD is falling, the USD/CHF is rising the GBP/USD is falling, the USD/JPY is rising, etc. In this case we are using common sense and other currency pairs to verify the USD strength. Now check the image/infographic below. Try to visualize all 4 of the above situations.
Two More Ways to Trade the EUR/USD
Another way to buy the EUR/USD is if the EUR is strong and the USD is weak at the same time. When this happens you can get highly profitable trades because in this situation the EUR/USD will move up strongly for the day in forex trading. Price movements can be strong and risk very low when this happens. You can also sell the EUR/USD if the EUR is weak and the USD is strong simultaneously, Once again this is a highly profitable situation for a forex trader.
How Often Do These Trades Occur?
In the main forex session this happens several times per week, sometimes 5 days a week, when one currency is strong and another currency is weak, presenting a profitable trade opportunity. This way of trading has been converted to a real time trading tool called The Forex Heatmap. It may not always be the EUR and USD giving off consistent strength or weakness it may be other currencies. Fore example if the EUR is weak and the NZD is strong you would consider selling the EUR/NZD, but the logic is the same.