XRPUSD joins Bitcoin and falls through daily support level. If the market stays below this level broken support level I will enter the trade on the open of the next candle. I'm aiming to hit target, but will lower the stop loss accordingly as the market falls to minimize risk. S/L:0.84077 P/T:0.66428
This is one of my trades I previously took using the analysis I use for most my trades. Use a trading style that best fits you, I use the a simple breakout method because that's what works best for me. Knowing how to read a price chart is key and once you can do that, you'll be free to pick whatever strategy you like. Keep your trades simple.
EURSEK has broken out of channel, allowing giving us a opportunity to short the market. S/L: 10.23529 P/T: 10.00165 Market entered on the retest of the broken support now resistance. As the market falls i will cover bring down the stop loss to minimize risk and will eventually be in a win win situation. Keep your trades simple.