Yuriy_Bishko

EUR/USD, Trading Plan.

Long
Yuriy_Bishko Updated   
FX:EURUSD   Euro / U.S. Dollar
I will open buy after a pullback to 1.1431. I wait on a pullback because the price moved up 1,5 Average daily move (ATR). In 80% cases price made a pullback after it.

The best place to open Long is near 1.1434 because it's Mirror level and price bounced from it many times from it on the Daily chart.

I will write where to open and close position (entry-exit) if this post will get 100 like.
Comment:
Price bounced down from 1.1500

Before we will open buy we should wait on conformation (Daily chart close above key level)

Comment:
EUR/USD, Daily candle close under Key level
I will write two scenarios what we can do in the future

Comment:
2 scenario on EUR/USD

Bullish, price broke up a key level 1.1434 and H1 close above it. That will be signal to open buy

Bearish, the price will make fake broke 1.1434 1-4 hour candle will under it.

Comment:
EUR/USD Sell limit

S/L 1.1439
T/P 1.1375

Comment:
EUR/USD Sell limit 1.1427

S/L 1.1439
T/P 1.1375
Trade active:
Price hit pending order
Trade closed: stop reached:
Price hit S/L
Trade active:
Price broke up a key level that's why I set pending order

EUR/USD buy limit 1.1436
S/L: 1.1421
T/P: 1.1488
Trade active:
Price hit buy limit order
Comment:
i closed sell by market because the price made fake broke H1 close under key level
Comment:
EUR/USD Sell limit 1.1432

SL: 1.1446
T/P: 1.1380

Price made fake broke of key level on H1 + Daily chart close under key level.

Comment:
Price hit pending order. I just opened Sell
Trade closed: target reached

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