rozela99
Long

EURUSD potential long trade this week.

FX:EURUSD   Euro/U.S. Dollar
76 0 4
Price is currently drifting down to the
1.1100 even handle.

Here is an example of the IF THEN Process in ACTION


IF price gets to 1.1100
THEN I will look for a double bottom @ that level
IF I get a double bottom
THEN I will get long nex t bar market

Current Risk 2 Reward is based on entry @ 1.1091
I will not know the exact entry until Double Bottom forms IF it ever does.
But wuth a risk profile like this how many time would you want to take the set up?
Comment: Just wanted to provide an update. Nothing has changed. Just waiting for price to fall into my zone.

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Check out my blog http://rickrozela.wix.com/rozelainvestments#!blog/ch2w
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