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yewsean
Jul 29, 2016 6:23 AM

EU going up? Nearing major resistance on day chart.  Long

Euro Fx/U.S. DollarFXCM

Description

Supported at around 70, 80 region. TL break to confirm. 1st TP 1.1120. 2nd TP 1.1160. News coming up in 18 mins time.

Comment

open at 1.1089 SL at 1.1074, risk 60pips

Comment

shift SL to 78, risk 44 pips

Comment

add risk by 18 pips..Total risk 62

Comment

H1 confirmation, TL breached. Add risk 25pips. Total 87 pips

Comment

adjust overall risk to 72 pips. SL 1.1080

Comment

close 1/4 position at 1.10956. overall risk = 60pips minus profits from closed position

Comment

profit from closed position 6.2 pips. Overall risk 53.8 pips

Comment

re enter 1/4 postion at 1.10994. add risk 28.8 pips Overall risk 82.6pips

Comment

readjust overall risk to 52.8pips. SL 1.1085. Average entry price 1.10916

Comment

H1 closed doji...closing trade soon

Trade closed: stop reached

Loss 52.8pips
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