SMPTrader

Possible EUR/CAD short Position!!

Short
FX_IDC:EURCAD   Euro / Canadian Dollar
SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


SMP Strategy

Chart time frame - H4
Timeframe - 2-3 Days
A – Activating Event
Market will meet resistance in zone @ current levels - ... . 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 @ 1.447
C - Fundamentals that may affect the pair
EUR Zone consumer Price Index on the 31st Oct @ 20:00 AEST
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss@.....
Target 1 @ 1.447
Target 2 @ ....

Risk/Reward @ 2.5.1

Happy trading :)


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


Please Follow, Like,Comment & Follow :)


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

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

Please Follow, Like,Comment & Follow
Thank you for your support :)

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

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.