Hi Traders,
Every now and then we take a more risky approach to a trade if we feel the time is right.
So here we have a possible 1:35 risk to reward where you could risk 1% for a 35% gain in a single trade.
This is a very risky trade however can be very rewarding.
We sometimes pull these sniper entries off - with the key word being sometime.
What is important to note here is that if you are successful in this you would need to lose another 34 of these to simply break even which is a big margin for error.
Please do not trade this if you are not willing to risk this is for educational purposes and to see if a potential sniper entry is possib here.
This is not financial advice
TH from RT-Trading
Every now and then we take a more risky approach to a trade if we feel the time is right.
So here we have a possible 1:35 risk to reward where you could risk 1% for a 35% gain in a single trade.
This is a very risky trade however can be very rewarding.
We sometimes pull these sniper entries off - with the key word being sometime.
What is important to note here is that if you are successful in this you would need to lose another 34 of these to simply break even which is a big margin for error.
Please do not trade this if you are not willing to risk this is for educational purposes and to see if a potential sniper entry is possib here.
This is not financial advice
TH from RT-Trading
Comment:
We are currently sitting on 10 and 20 EMA zones but running in very decent profits.
It might be a good idea to set SL to break even and let this run. Below 10 and 20 EMA we might find some support around 200 SMA at 1790 and beyond that 1782 for the 50 SMA. Below 1780 and we could have a clear path to our target and even further.
Consider taking partials along the way.
We are currently sitting on 10 and 20 EMA zones but running in very decent profits.
It might be a good idea to set SL to break even and let this run. Below 10 and 20 EMA we might find some support around 200 SMA at 1790 and beyond that 1782 for the 50 SMA. Below 1780 and we could have a clear path to our target and even further.
Consider taking partials along the way.
Comment:
decent break out following NFP.
Consider partials around this area.
decent break out following NFP.
Consider partials around this area.
We are in.