EUR/USD, trading plan for next week.

I agree with you and think about bullish trend here too:

We have a bullish view bias on EURUSD. If it surpasses its horizontal resistance at 1.1419, we expect to see a further move up. Here’s our idea!

@FXCM-EDU, what is your risk-reward ratio??

@Yuriy_Bishko, The R:R looks absolutely HORRIBLE !

@Yuriy_Bishko, R:R makes no sense, but maybe they're betting on higher probability.

@Edgy_, Great way to lose money in the long run

@tradeformula, The probability is at least as important as the R:R. (=> In general, I'm not trading or referring to the current example).

Suppose the R:R is highly in your favor, but the probability of that certain pattern/break-out is not in your favor. => This is actually one of the biggest mistakes that traders make.

@Edgy_, totally agree

very good, thank you

@Moiseiev_Yurii, thanks))