TradeIndicators

EURUSD - Long and Short Positions and Why

FX:EURUSD   Euro / U.S. Dollar
Hope this idea helps!
Like/Follow if you enjoyed this post :)

As you can see from our RSI indicator we are trading in a sideways pattern so we have placed a long and short position to accommodate for either type of breakout. Both SL are placed on past support and resistance levels. The MA50 is heading down to the MA200 and based on past history this usually ends in a MA50 cross down below the MA200 so we are leaning more towards are short position being executed, but our long is still in place in case the market turns upward.

Enjoy life, enjoy trading!
Travis

This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Visit our Website to Get Free and Pro TradingView Indicators

Web: http://www.TradeIndicators.io

Email: MyTradeIndicators@gmail.com
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out