Technician
Long

EURUSD: Simple Long on Potential Correction!

FX:EURUSD   Euro / U.S. Dollar
2609 36 25
UPDATE: I should have cancelled this trade based on rule number 5 "Note that If 90 percent of first target is reached without triggering entry, trade is cancelled"
Profit(pips)=-65x2=-130.
---------------------------------------------------------------------------------------------------------------------------------

A very simple long setup on trend line break and inverted head and shoulders after a prolonged bearish wave.

Trade Safe, and Best of Luck , join me at https://twitter.com/thefxchannel
Also at my Facebook             page http://www.thefxchannel.com
My best regards,
Technician

==================================================================
Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
5. Note that If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losing is a main part of the game
MEGA 70% DISCOUNT ON 3 AND 6 MONTHS PACKAGES . Get it before offer expires : https://thefxchannel.com
Profit(pips)=-65x2=-130.
+1 Reply
Technician PRO Technician
This is the outcome of breaking the rules
+1 Reply
Pepolape Technician
I keep stop-loss on 1.2610
Reply
Its ur call.. I am out of this trade
Reply
Pepolape Technician
out 1.2639 ;)
Reply
Lets compensate that in the next trade ;)
+1 Reply
Pepolape Technician
dont worry, its the game!!
+1 Reply
Pepolape Technician
i think i'll wait till 1.2574
Reply
Pepolape Pepolape
1.2606 ---> AB=CD and 88,6 of previous move
Reply
Pepolape Technician
im still thinking on this long, SHS on 5' entry 1.2624 stop 1.2606
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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