Looking for price to make its way to 1.48000 at least where ill be securing profit and looking for a possible bounce to the upside. If your not in any trades I would wait until price gives a better move from one of these key levels.
Hellooo...My Dragon Friends
EURAUD just movement follow the trend line rule.
Lets See
Happy Trading
Smart Trading
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Disclaimer On
Here is another Forex Trading Snack.
This is an example that I saw in the market this morning ( my morning ) and my trade setup as I took it, long with my thoughts as I planed it out. Price action certainly has changed while I was slowly typing this post. Just an example of how I trade a larger true average range currency pair. The plan here is to trade long in a...
Support broken
Bearish engulfing bar formed
Pin bar pinning the moving average
Selling at market price 1.63402 and
# SL above the engulfing bar @ 1.64279
# TP lower @ previous swing low @ 1.61411
1:2.5 risk to reward ratio
Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only.
You can...
Selling at market price 1.59170 with
# SL @ 1.59729 and
# TP @ 1.57164
Don't bet the farm, always exercise good risk management.
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