AmjadBakir

Trade set up for EURUSD ... a chance to renter

Long
AmjadBakir Updated   
FX_IDC:EURUSD   Euro / U.S. Dollar
Trade Setup
1- wait until the price goes inside the buying zone
2-we need a bullish candel to form confirming with OA to turn to green then enter
3- your stop loss is the low the candel that is formed
4- your taget is the febnacci extention 1.618 % around 1.1646
Comment:
the trade is active
1- we have a bullish candle reversed from the buying zone
2- AO turned to green
3- stop loss @ 1.1328 the low of the bullish candle that formed
4- profit taking is still the same level around 1.1646
Trade active:
80+ pip till now , you should be risk free now im putting my trailing stop @1.1358 , enjoy the pips
Comment:
NFP is coming out so in 10 min , you are on your own now , your risk free now either you take your profit or keep your position open
Comment:
125+ pip till now
Comment:
ill put my trailing stop @ 1.1380 to protect my profit
Trade closed: stop reached:
+40 pip it hit my trailing stop

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.