Tired of reading posts like " I have got my analysis correct 8 times in a row/ 600 pips gain!"? Well, this might be a much-needed change.
In this post, let us take a look at how we can sell EURUSD and gain some blue pips.
Since EURUSD is in a downtrend, we are looking to sell and increase the chances of a profitable trade by more than 76%.
However, we can just randomly sell anywhere. We need to optimize our entry as well.
So, the idea is to wait for the pullback to happen. In case this, I will look for a pullback to 1.0920-1.0935 and then put my sell with SL above
1.0985 and TP at 1.0770
In this post, let us take a look at how we can sell EURUSD and gain some blue pips.
Since EURUSD is in a downtrend, we are looking to sell and increase the chances of a profitable trade by more than 76%.
However, we can just randomly sell anywhere. We need to optimize our entry as well.
So, the idea is to wait for the pullback to happen. In case this, I will look for a pullback to 1.0920-1.0935 and then put my sell with SL above
1.0985 and TP at 1.0770
Comment:
Correction : I meant " we CAN'T just just randomly sell anywhere"
