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SMPTrader
Apr 8, 2019 9:10 AM

Possible EUR/AUD Short position!! Short

Euro Fx/Australian DollarFXCM

Description

SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


Chart time frame - H4
Timeframe 1-2 Days
Actions on -
A – Activating Event
Market will meet resistance in zone @1.586 - .... and fall to the 1.576. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 1.576


FX:EURAUD

Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 1.576
Target 2 @ ....

Risk/Reward @ 3.1

Happy trading :)


Follow your Trading plan, remain disciplined and keep learning !!



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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Comments
IgorPorokh
@BenWright21 Nice chart !
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