TiborVrbovsky

Two Trading Ideas in One! EUR/GBP

TiborVrbovsky Updated   
FX:EURGBP   Euro / British Pound
Hey! I am back with something, that I wanted to do for a longer period of time.

So here we are! Welcome to my Forex window, where I will actively post Forex charts.

You may actually not know, but I am trading Forex for quite some time by now and I am actually able to make a profit.
I thought its quite normal to make profit in this market, but it seems like everyone is just losing.

I wanted to post Forex charts for a longer period of time, but they dont get that much attention as Crypto does.
But I find Forex charts more easy and relaxing compared to crypto.

I would like to keep this Forex Window up and dont put so much effort into writing boring stuff as You are reading now but get quicker to the point, its still my weak point.

So please, show me some support by hitting that agree button :)

Lets look at chart.

Uptrend, weekly has started recently, daily is strong.
Two long trades, because Its not profitable to trade against the trend, trend is more likely to continue than change direction.

First trade / Long
Entry
0.8956 - 0.8975
stop loss below this zone

Take profit
0.9030 - 0.9048
Risk reward 4.5

Second trade / Long
Entry
0.8910 - 0.8924
stop loss below this area

Take profit
0.8956 - 0.8975
Risk reward 3.7

The second trade is there only if the first one hits stop loss.

Thanks for your time and good luck trading!

Trade active
Trade active:
First trade stop loss was hit, second trade has been opened.
Trade closed: target reached:
Great trade!

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