ernstschwarz

EURGBP Ideas how to sell this pair the next days

Short
ernstschwarz Updated   
FX_IDC:EURGBP   Euro / British Pound
Description is in the chart.
Dont risk more than 1% of your trading account on that stopploss.
if you dont know how to calculate your lot size stopp trading and learn it!
if you think with a risk of 1% your gain is too small then maybe your trading account is just way to small to trade for a living / fancy car... fact!
Comment:
Prices kicked through the 61.8 fib very bullish but maybe we find an entry after some bearish engullfing or pin bar method
Trade active:
price wen tpretty high but i hope you all got the entry after the breakdown?
Comment:
we had a quite bullish move up lately so you may consider putting the stopploss in profit above the latest lower high )0.87888 something area)
Comment:
i think there is more upside so take profit and find a place to reenter the short later.
Comment:
now you have a good example why it is important to save soem profits after reaching an old low. right after meeting the old low price went back up very much,...
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