jacklynch20

Potential EURUSD Short

Short
FX:EURUSD   Euro / U.S. Dollar
3 potential entries - have marked each & potential p/l's.
First entry applies to a 0.22 lot size.
Second entry applies to a 0.25 lot size.
Third entry applies to a 0.2 lot size.
Looking at minimising risk so small applicable stop losses have been used.
I will likely add a sell limit to each entry level .
Reason being we can see a demand pattern (rally-base-rally) on the come up so we may see some more bullish movement before bears take control.

Comments

Thanks for sharing. Totaly agree with you. Where did you learn to draw SUPPLY/DEMAND like that? Are you familiar with Simon Kloot course, by any chance?
+3 Reply
I agree with this and will look to take shorts on EURUSD next week.
+1 Reply
jacklynch20 PeterHedger3
@PeterHedger3, which entry you thinking of taking?
Reply
PeterHedger3 jacklynch20
@jacklynch20, Close to the current price or around the 1.10350 level. Based on the price action :))
+1 Reply
jacklynch20 PeterHedger3
@PeterHedger3, closed the trade now, went exactly to plan! how did yours go
Reply
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