AlphaBotSystem

EURUSD; Get on My Levels Euro

OANDA:EURUSD   Euro / U.S. Dollar
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Ladies and Gentleman, let's get ready to Forex! Today we are looking at EURUSD levels to see how we can make money trading money.

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1. Fractal Trend is showing an uptrend (Green background color) for EURUSD on the 15 minute chart.

2. With this setup, we want to take long positions when Fractal Trend signals an uptrend AND then Breakaway Scalper signals a long entry in the uptrend by showing a Green bar color.

3. Right now we are looking for a reaction off of S1 and then a reaction above the trend line around R1.

4. If we do get a long entry we will be using the trailing stop (Yellow line) built into Breakaway Scalper to lock in profits and limit risk.

5. Other levels we will look for reactions off of include S2 - S3 to the downside and R2 - R4 to the upside.
Comment:
Uptrend insight here.
Reaction off the levels I identified relatively well.
Sadly chopped out of both Breakaway Scalper long signals but with the static stop(Yellow line) in place, it didn't create too much drawdown! :)

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