I have an order for EUR/USD @1,0950 for a short scalp. I have a 11pip TP and 17pip SL... I know it is a bad ratio(0.65), but I believe that once we break our line order will be executed and closed in a matter of seconds - since I believe that due to market conditions and unpredictability of EUR/USD many peple will hit their SL at that lvl. For this reason I believe it is a very high probability trade.
After that price could be going for a resistance @1.10000 but due to unpredictability of the market I wont be taking that trade.
If you like the idea give me a thumbs up. If not, tell me that in the comments.
After that price could be going for a resistance @1.10000 but due to unpredictability of the market I wont be taking that trade.
If you like the idea give me a thumbs up. If not, tell me that in the comments.