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AakashRKothhari
Jun 21, 2016 4:54 PM

15 min Intraday buy setup Long

Euro Fx/U.S. DollarFXCM

Description

ENTRY 1.12564
Stop Loss(SAVE CAPITAL) 1.12365
Target 1.13383
Risk Reward 1: 4.65
SL MODIFIED TO BALANCE VOLATILITY
Comments
AakashRKothhari
hi all almost missed a good move after SL was hit and markets raced however I had modified it to 1.12350 so that I may not lose the trade somehow professional traders know where retils stops are and they hunt for it anyways enjoy ur profits and book 50% of the positions.
stream
sure its basic to know the levels .. 1.133 is not a level .. 1.1234 is .
AakashRKothhari
both were levels i would have reserved my trade near where i book my profits. it just another point of views
AakashRKothhari
it has almost hit sl and also reached my target however i am still trying to fine tune it. thanks for inputs however stream it went up to 1.133
stream
this is because eu will go up .. It only need to go to 1.21 , but going down it reach another supports so the show that will take part , so lift eu 3 times . I imagine the supports like wooden bords , when the price just fall , it just pass throught the first one easy , so the second one let it pass as well , but its different when the price just has to go to the main support , every if this wooden bords shows that will help when the time comes . The main support is the place where the banks can get liquidity , so they will push the price there .
AakashRKothhari
I know that brother i am a demand supply analyst thank you
AakashRKothhari
may be right now its going up thanks for input
stream
eu will not go to 1.133 still down ...
AakashRKothhari
hi it didn't went down please check it just reversed from my sl levels however I had modified it before it got hit. lolz
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