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where-is-the-flow
Oct 3, 2017 3:03 PM

EURUSD - NEW OPPORTUNITY - Long

Euro Fx/U.S. DollarFXCM

Description

a/ You may buy as described in the graph, or
b/ buy 50% as proposed in the graph (2nd shoulder) and 50% if prices go to double bottom @1.1707 (same stop loss and same tagets)

Trade active

Trade open @1.1737.
As anticipated in that trading plan, the market has formed a second shoulder.
Lowest of the second shoulder @1.1735... Nice entry!

Comment

TARGET #1 @1.1771 reached --> + 34 pips

Comment

ADP this afternoon --> Choice to make on our active trade!
The idea:
We've reach Target #1 and we don't want to give our 34 pips back

Option#1: keep the trade active to potentially reach 1.0807 today
--> Move your stop loss to entry price @1.1737

Option #2: close the trade now @1.1777
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