EURUSD 1H TRADE
This is a multiple time frame trade.
its actually a follow up with my previous daily analysis
1H we see the candle hit into the structure
with a tail facing up.
Sell EURUSD NOW
SL 1.0965
Aim 1.0850 / 1.07 and more
This is a multiple time frame trade.
its actually a follow up with my previous daily analysis
1H we see the candle hit into the structure
with a tail facing up.
Sell EURUSD NOW
SL 1.0965
Aim 1.0850 / 1.07 and more
Comment:
I zoom in to 1 min chart and found this
Comment:
this is telling me a potential turning point is forming
Comment:
Guys I wana share a very good Logic to you , only here only one time.
if you can see it, please write it down
A daily pivot comes from 4h, a 4h pivot comes from 1h, a 1h pivot comes from 30 mins and so on.
thus, in any starting point of a new trend, ideally you can always find the pivot
of the previous trend in a 1 min chart.
The more time frame you examine, the better entry point you can find.
the smaller the risk is.
This is a clue of how you get the best Risk/Reward Ratio
if you can see it, please write it down
A daily pivot comes from 4h, a 4h pivot comes from 1h, a 1h pivot comes from 30 mins and so on.
thus, in any starting point of a new trend, ideally you can always find the pivot
of the previous trend in a 1 min chart.
The more time frame you examine, the better entry point you can find.
the smaller the risk is.
This is a clue of how you get the best Risk/Reward Ratio
Comment:
U SEE. just after I publish my view. eurusd comes down from the 1 min
Bearish AB=CD and Gartley Pattern.
My entry is 1.0943 and My SL is only at 1.0953
Imagine if I hold this short till 1.0700 (if the trading plan works well)
That is 10 pips risk but for 243 pips win
What is the Risk / Reward Ratio?
1 to 24.3
Let's say you risk 100 usd, u earn 2430 usd
Bearish AB=CD and Gartley Pattern.
My entry is 1.0943 and My SL is only at 1.0953
Imagine if I hold this short till 1.0700 (if the trading plan works well)
That is 10 pips risk but for 243 pips win
What is the Risk / Reward Ratio?
1 to 24.3
Let's say you risk 100 usd, u earn 2430 usd
Comment:
Comment:
I hope you get what I mean. I won't teach another time coz this is really very
very advanced.
very advanced.
Comment:
Easy 18 pips earned. form 1.0943 t0 1.0925
Comment:
Enjoy the profit
Cheers.
Cheers.
