FX:EURUSD   Euro / U.S. Dollar
Potential long trade for EU. Provided that price makes a clean break through my Order Block & the trendline before coming to retest it. This is where I enter with a BUY LIMIT Execution (as long as the trade has not been voided before this step). 15 pip SL, 210 pip TP. This is a potential 14RR trade, close half at 5RR (75 pips profit) to secure profits in case of a reversal.

Risk management examples have been shown. Adjust accordingly to your own account currency and risk tolerance - this is the only way to compound an account efficiently, happy trading 👍🏾


Had the same idea definitely believe it will bounce back up due to the downtrend pattern. Also some heavy USA news which may affect this going forward .
+1 Reply
blessed4life Ry4nThompson
@Ry4nThompson what USA news?
Ry4nThompson blessed4life
@blessed4life, 6 month bill Auction all about debts and borrowing money. Happens every 6 months!
i had the same idea, i'm new here though so don't quite know how this works. Good work mate
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out