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AGold54
Aug 19, 2019 6:06 AM

EURCAD SS Short + 117 Pip Potential Short

EUR/CADOANDA

Description

Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.4747
Stop = 1.4767
Risk = 20 pips
Profit target = 1.4630 ( The projected daily low )
Reward = + 117 PIps
RRR = 5.85 - 1
2nd Entry = 1.4699
Stop = 1.4629
Risk = 30 pips
Profit target = 1.4609
Reward = + 90 PIps
RRR = 3-1

I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen

Order cancelled

This trade has not been triggered ad our window is closed. Accordingly this trade is cancelled.
Comments
devonoved
Do I understand correctly that 2 am was the deadline for price to reach one of the entry triggers? I'm trying to work out what kept you out of this trade.
AGold54
@devonoved, Not quite depending on where u are. I will start trading at 2am est. (the euro open) and if the trade is not triggered buy the US open (8am est.) then I cancel the trade.
omarg998
for stop, did you mean 1.4729? rather than 1.4629
AGold54
@omarghaffar998, YES. Thanks for catching that :)
transparent-fx
from my markup, this is what I will be monitoring
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