Fxprotrader
Short

EURUSD: Short Setup Completion At Key Level

FX:EURUSD   Euro Fx/U.S. Dollar
1297 7 37
Price is testing a key resistance level (previous structure, the upper parallel of a downslope median line ). Stoploss and profit targets as shown at the chart. As we always mention, if price reaches the first tp we should move our stoploss to breakeven at the second and third trade.

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Tycoonuz
6 months ago
Would you please clarify TP and SL?
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Fxprotrader Tycoonuz
6 months ago
There are in the chart
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fxfxfx Fxprotrader
6 months ago
Similar here, I have 1.1285 level as trigger for SELL, that price would be a retest of the broken trendline on the 26th of Aug with TP at 1.105-1.095. Thanks for sharing as always!
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jmcholdings PRO
6 months ago
I think Tycoonuz would like for you to explain how you decided on your TP and SL levels.
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Fxprotrader jmcholdings
6 months ago
I choose my tp based on structure. My stoploss based on the setup i use to enter the market. If i go in profit as trade goes i move my stoploss at breakeven for a risk free trade. I hope that helps..
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Trillionschifer
6 months ago
Good post.... I am in agreement about the direction....
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Trillionschifer
6 months ago
Wait.... were you stopped out? That one long wick looks like it took you out. If so... did you get back in? The trade is good, but the timing may have been off. (H8 that)
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