EUR/USD - Using WA + MP - Potential Short

FX:EURUSD   Euro / U.S. Dollar
The red boxes on the chart represent the Asian session as I came to notice that during the LSE session the pair would either come to the 50% of the TSE range, or all the way down retesting/breaking the low of the TSE range. Of course the opposite could apply, retesting/breaking the high in case of a downtrend.

Details are laid out on the chart.

For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Entries, targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Trade closed: target reached: Textbook fashion.
I am your follower. I like your idea very much.Can I join your member? I want your guidance.
SN_Doumet nimo283962327
@nimo283962327, visit our website
nimo283962327 SN_Doumet
@SN_Doumet, Which website? Can you tell me? Thank you
well done !
@maxg98, thanks!
Wow! You master! :) . Please let me know! Where can I learn ZigZac ABC & WA (i-ii-ii-iv-v)?
Im learing to trade on H1 H4
Thanks & regards!
SN_Doumet phongnguyen
@phongnguyen, Hi, thank you for your comment :) . Read the book "The Wave Principle" by Frost and Prechter. Hope it helps!
What means 'WA' and 'MP' ?
@ByoEm, WA = Wave Analysis, MP = Market Profile
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