The stop loss for both is 1.0913.
We have US GDP news coming and it's highly likely that the whole week continues to march up from this juncture.
I'm right, which I think it's highly probable based on the DXY analysis I conducted and EURUSD's own price action and specifics, then this can be a huge win.
I reccomend 1% risk per entry, max 5%.
Good luck, cheers!
Entry #2: Pending buy stop at 1.10056, stop loss 1.09013, exit 1.0145 or the lower target on chart.
I'll modify the 2nd buy stop after the daily close.
Stop loss is 1.09255
Exit or target was 1.145 roughly, I had made a mistake and wrote 1.0145, my bad.
Valid for one day. I'll update it until we're in.
If it's a longer term long, say a monthly setup, and we get a downtrend in 4h or daily, I can look for the end of said downtrend to add to monthly longs.
It's a very specific procedure, depends on the tools you use.
I do conduct tuition via skype, so if you're interested in learning more contact me via skype.