This is simple trade setup with couple of trendlines and based on price action happening in EURUSD. (i) If we get bullish confirmation around the trendline initiate long positions (ii) if trendline is broken, shorting in EURUSD will be the plan. This is really simple setup without any fancy indicators or patterns drawn.
Happy Trading !
Dagangan aktif
⋅
Initiated long !
Komen
⋅
Sl hit. Reversed positions to short with tight stops.
Komen
⋅
Target 1 achieved..Now trailing for Target 2. Awesome !
haven't you booked around 1.1130's ? just after my update it hit target 2, It feels sad man... no issues now, trail your stops near 1.1160's. Play safe fed is around
fguldali
⋅
n short my target is 1.11260 in an hour. After that, god knows :)
fguldali
⋅
Ah yes, of course booked at 1,1130. Now i am waiting a short again
InsiderB
⋅
Cool then, just take care of Fed News event today. I have no positions.
raoadnan84
⋅
Thanks for your prompt response
InsiderB
⋅
When I'm available, usually I reply soon !
raoadnan84
⋅
what is the SL for the sell trade?
InsiderB
⋅
1.1185's, My risk reward is just over 1.2's , Please check yours before entering. Pls take Trading decisions based on your analysis combining with above Idea :)