InsiderB

EURUSD : Retest or Breakout from Trendline ??

FX:EURUSD   Euro Fx/U.S. Dollar
2 months ago
This is simple trade setup with couple of trendlines and based on price action happening in EURUSD             .
(i) If we get bullish confirmation around the trendline initiate long positions
(ii) if trendline is broken, shorting in EURUSD             will be the plan.
This is really simple setup without any fancy indicators or patterns drawn.

Happy Trading !
2 months ago
Trade active: Initiated long !
2 months ago
Comment: Sl hit. Reversed positions to short with tight stops.
2 months ago
Comment: Target 1 achieved..Now trailing for Target 2. Awesome !

*** With Great Power, there comes Great Responsibility ***
raoadnan84
2 months ago
what is the SL for the sell trade?
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InsiderB raoadnan84
2 months ago
1.1185's, My risk reward is just over 1.2's , Please check yours before entering. Pls take Trading decisions based on your analysis combining with above Idea :)
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raoadnan84
2 months ago
Thanks for your prompt response
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InsiderB raoadnan84
2 months ago
When I'm available, usually I reply soon !
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fguldali
2 months ago
Hi, what is the target 2?
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InsiderB fguldali
2 months ago
haven't you booked around 1.1130's ? just after my update it hit target 2, It feels sad man... no issues now, trail your stops near 1.1160's. Play safe fed is around
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fguldali InsiderB
2 months ago
n short my target is 1.11260 in an hour. After that, god knows :)
+1 Reply
fguldali fguldali
2 months ago
Ah yes, of course booked at 1,1130. Now i am waiting a short again
+1 Reply
InsiderB fguldali
2 months ago
Cool then, just take care of Fed News event today. I have no positions.
Reply
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