Bullish Bat on this pair.
Allow price to drop into the buy area and to proceed with caution! I will wait for more confirmation signals before I take this trade. I see healthy Risk-Reward Ratio (RRR) on this one even at first level of take profit (1 : 1.7). Only look at trade setups with good RRR to ensure long term profitability.
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Allow price to drop into the buy area and to proceed with caution! I will wait for more confirmation signals before I take this trade. I see healthy Risk-Reward Ratio (RRR) on this one even at first level of take profit (1 : 1.7). Only look at trade setups with good RRR to ensure long term profitability.
Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
We are a community committed to empower individuals to trade profitably and independently in the Forex Market. This is our latest Trade Ideas results for October. Subscribe to us and receive updates on more upcoming trades.
http://forex100academy.com/tradeideas-oct2018/
Trade active:
Trade engaged. Do note that the price feed varies from broker to broker.
Entry Price: 113.094
Initial Stop Loss: 112.675
Take Profit1: 113.654
Take Profit2: 114.013
Entry Price: 113.094
Initial Stop Loss: 112.675
Take Profit1: 113.654
Take Profit2: 114.013
Trade closed: stop reached:
Price bounced off from entry level however selling pressure was too huge and could not reach first profit level. Exited with small losses.