Everything you need to know is on the Chart
Happy Trading :)
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Risk Management !!!
Risk / Reward Ratio !!!
Focus on the points above if you want to stay longer in this Mind Game !!!
( Day Trade )
Shorting EURGBP at 0.8828 with a Sell Stop Order
TP: 0.8736
SL: 0.8858
Risk : Reward
1 : 3
30 pips loss : 90 pips gain
Don't Follow if you don't know how to manage your risk according to your account Equity!
Happy Trading :)
Risk:Reward
1 : 10
61 pips loss : 619 pips gain
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Entry: Sell Stop Order at ( 1.7153 )
SL: 1.7203
TP: 1.6522
If you don't know how to manage your account properly DO NOT COPY MY TRADES!
This Trade might take days, or couple of weeks & maybe months!
Happy Trading :)
All you need for analysis is on the Chart. ( Self Explanatory )
Opening: sell around the White Area if not Broken on the 4H Chart.
Target: 0.618 Fib Retracement on the ( 1.3046 ) price line.
Stop Loss: above previous High which will be the ( 1.3227 ) price area.
Thank you all, any comments will be appreciated.
Just a follow up on what has happened since my last analysis on Gold, Buy from this level as Gold is showing us that bulls are in control of the market with "Indicators Confluence" Confirming a Strong Support line with multiple touched through a Long period of time.
As we can see Swing traders , there’s an ascending triangle on the XAU/USD (Gold) weekly chart , which was made in the past 3 years and it touched the same ascending line + testing a previous support line.
A double bottom at the close of last week’s session accrued + a hammer bar, which implies fear for downside ( buyers are taking control & they want to push...
Good Evening traders,
(1)
This is my point of view on the EUR/USD (Daily Chart), as we can see:
- Price still under 20 - 50 EMA ( still Bearish ).
- Cup & handle shape about to finish forming.
- B/R Support area around 1.15890 - 1.15540, Expecting bounce or continuation of the downtrend to hit the major support.
- Major Support at around 1.14737, Expeting a...
Uptrend ( Major Support ) >> B&R ( Major Resistance after the Break Out ) >> Under the EMA (20) >> Price is about to go down
It is just an Idea!!!!!!!!!!!
