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jacklynch20
May 2, 2020 5:18 PM

Potential EURUSD Short Short

Euro Fx/U.S. DollarFXCM

Description

3 potential entries - have marked each & potential p/l's.
First entry applies to a 0.22 lot size.
Second entry applies to a 0.25 lot size.
Third entry applies to a 0.2 lot size.
Looking at minimising risk so small applicable stop losses have been used.
I will likely add a sell limit to each entry level .
Reason being we can see a demand pattern (rally-base-rally) on the come up so we may see some more bullish movement before bears take control.
Comments
M_Derev
Thanks for sharing. Totaly agree with you. Where did you learn to draw SUPPLY/DEMAND like that? Are you familiar with Simon Kloot course, by any chance?
PeterHedger3
I agree with this and will look to take shorts on EURUSD next week.
jacklynch20
@PeterHedger3, which entry you thinking of taking?
PeterHedger3
@jacklynch20, Close to the current price or around the 1.10350 level. Based on the price action :))
jacklynch20
@PeterHedger3, closed the trade now, went exactly to plan! how did yours go
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