Possible EUR/GBP Short Position!!

SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


SMP Strategy

Chart time frame - H4
Timeframe - 1-2 Days
A – Activating Event
Market will meet resistance in zone @ 0.893 - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.886
C - Fundamentals that may affect the pair
Nil
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss.....
Target 1 @ 0.886
Target 2 @ ....

Risk/Reward @ 1.5.1

Happy trading :)


Follow your Trading plan, Remain disciplined and Keep learning !!


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Chart PatternsEURGBPeurgbpselleurgbpshortTechnical IndicatorsSELLsellsetupsellsignalsell-tradetradingviewTrend Analysis
SMPTrader
Follow your Trading plan, Remain disciplined and keep learning !!

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Thank you for your support :)

This information is not a recommendation to buy or sell. It is to be used for educational purposes only!

Penafian