BUY LIMIT - PENDING ORDER
Target 1: 1.6481 (161+ pips)
Target 2: 1.6704 (384+ pips)
SL: 1.6146(174- pips)
It's a 174- pips SL. Please use sensible lot size. if the SL is higher than your 1% risk don't take this trade.
BUY STOP - PENDING ORDER
Target 1: 1.6417 (124+ pips)
Target 2: 1.6608 (315+ pips)
SL: 1.6144 (149- pips)
It's a 149- pips SL. Please use sensible lot size. if the SL is higher than your 1% risk don't take this trade.
EURAUD approaching support at 1.62299 where it could potentially rise further to 1.64748.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
As can be seen in the chart above, EURAUD seems to be in a strong downtrend. It seems that it will continue following the downtrend for the near term and test the support level of 1.65900, which is where I will be placing my take-profit level. We can expect to see some volatility in this pair with the upcoming news announcement in a few hours for the AUD pair (the...
We recently saw some big bearish movement. Support of 1.7 is holding good for now! If we climb to the upside before we retest 1.7 again then I might be looking to take a quick short. Keeping a sharp eye on this pair.
Our Entry Price: 1.71996
Risk on Equity: 1%
We’re keeping a very tight stop loss on this so that we can catch this bigger move with a bigger lot size while still only risking 1%.
If we get stopped out we...