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Yuriy_Bishko
Mar 27, 2020 6:04 AM

I opened buy on EU at 1.1059 because... 

Euro Fx/U.S. DollarFXCM

Description

I opened buy on EU at 1.1059 because of:

- Key level 1.1055
- After False break out price didn't drop
- price broke up a key level and create a mirror level on M30.
- Fundamentally the US have problems with unemployment and printing 2trln of USD

Comment

As I promised my entry is:

EURUSD buy 1.1050 - 1.1060
SL: 1.1025
TP: 1.1170

That entry is a little bit risky. Use 1% risk or lower.

Comment

!! every entry can hit S/L
Always use risk per position and Stop Losses
My risk less than 1% in this position

When you trade it's your responsibility to check everything

Comment

i moved S/L to 1.10209

Trade closed: stop reached

I have closed entry because of S/L
Comments
Anpu
Good Chart!
This is my work on EURUSD
RealizeTrades
The key level was 1.07300 and 1.07500 brake on the weakly or day chart
You Should aim for 1%SL and 1.5%TP when you get to greedy on the TP with small SL You are losing money
And Stop Losses like that are hunted
You should set your stop loss at a level which invalidates your trading setup
amit0621214010
THis entry need more confirmation, I think its lil risky
Yuriy_Bishko
@amit0621214010, yes. you right
Profound_Ambition
Watch out for pre London session trap move
Yuriy_Bishko
@eazywayout, thanks for your comment
jforex78
Trying to understand how did you estimate that TP?
Yuriy_Bishko
@jforex78, it's part of my trading system
u can buy my course and learn how I did it
Yuriy_Bishko
@jforex78, the closest key level
nrmt2010
Thanks for update. Good Luck.
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