tntsunrise
Short

EURUSD TWO TRADE SET UP PLAN

FX:EURUSD   Euro / U.S. Dollar
Trade Set up 1:
Buy EUR after it breaks 1.0992 level
and Targeting 1.1256
SL will be the origin of the bullish candle that breaks the 1.0992.

Trade Set up 2:
Wait EUR comes into the AB=CD and the 0.618 Level
which complete at the same Level: 1.1256
SL recommend to be above 1.1400 ( the 1.618 ext)
This Trade reminds me of the last year's GBPUSD             trade
an AB=CD correction that ends at the HTF             0.618 Place.



You can take either one or both.
Trade what you see, cheers for 2016
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Related Ideas

same view
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nice!
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Agreed, short will be huge btw...cheers!
+1 Reply
i follow your 3 charts before and hit SL. i know Loss Part of the forex.. so i hope i will earn this chart and in future.
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yes. we need to take stop loss because it may burn your acct if you never use a stop loss to protect your acct. the key is ,when we lose, we lose small, when we win ,we win big!
+1 Reply
HLB-FX tntsunrise
you are right.
Reply
i think it will down in short term then rise
snapshot
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BLKS BLKS
Seem that i am wrong, it did breakout and i am long on it now
Reply
it's OK. where us SL?
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BLKS tntsunrise
i place it at 1.089, below a major s/r in h1 chart, what do you think?
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