MA trades:
We have a nice up move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR.
Entry = 1.9254
Stop =1.9234
Risk = 20 pips
Profit target = 1.9314
Reward = + 60 Pips
RRR = 3-1
* understand that this entry is based on a moving Average, so it will...move. I will update before it is triggered.
**Once this trade is up + 20 pips, move your stop to breakeven and let it run
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
We have a nice up move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR.
Entry = 1.9254
Stop =1.9234
Risk = 20 pips
Profit target = 1.9314
Reward = + 60 Pips
RRR = 3-1
* understand that this entry is based on a moving Average, so it will...move. I will update before it is triggered.
**Once this trade is up + 20 pips, move your stop to breakeven and let it run
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
Order cancelled:
Unfortunately, Price has continued to go sideways, as opposed to moving down to the MA, accordingly, this trade is cancelled.
Comment:
Here is the documented trade. Although I did not take the trade, I still document it so I can make a more informed decision in the future.
Entry: 1.9265
Stop: 1.9245
PT: 1.9325