Wizard

Short term EURUSD idea

Long
FX:EURUSD   Euro / U.S. Dollar
Don't know whether it will go up or down, but it looks like it will go up in the short term and if it will go up in the short term i think that risk reward proportion is great and reasonably placed here.
So whether eurusd is goes up or down this look like a good position to me and as the risk reward proportion is very good if i get this this kind of idea right one in three times then i'm profitable, so this isn't the best trade imaginable but a very reasonable and good i think that it is.
As my analysis say that the probability of this idea happening is about 49%, another possibility now is doing a similar thing like this in the eurjpy currency pair.
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.