EURUSD long entry for late comers. EURUSD is making a correction move. You have reached the H4ATR 50% level. This Level is 1.12489 This level may be suitable for long positions. A STOP LOSS: 1.11051 The trade risk reward for trade is 2.3
Shame about this my friend. Still a valid setup I think though.
meszaros
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@DanIrvin, Yes. I'm sorry, too. But the stock market is just that. I took a long position again.
CoinCaller
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@meszaros, I thought you would have. Exactly right, as long as you haven't over leveraged it doesn't matter.
Nursyakirin7
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Do u think its great opportunity to buy now?
CoinCaller
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@Nursyakirin7, I suppose it depends on your trading rules and strategy.
meszaros
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@Nursyakirin7, If you enter the long position, you can use the H1ATR entry. This means that you are waiting until the exchange rate starts from the yellow rectangle to the north.