EURUSD Long (1hr chart)
Reasons for entry long:
1. We may experience a retracement on the EURUSD during German Prelim GDP or USD CPI reports.
2. I have identified a good level of latent orders which should provide considerable price action once hit.
3. Considerable room to go up to target.
Money management rules:
A. Risk no more that 1% of account on the trade
B. 1/2 off at 2:1 (normally I would take 1/2 at 1:1 but this has room to go)
C. 1/2 off at target
1. We may experience a retracement on the EURUSD during German Prelim GDP or USD CPI reports.
2. I have identified a good level of latent orders which should provide considerable price action once hit.
3. Considerable room to go up to target.
Money management rules:
A. Risk no more that 1% of account on the trade
B. 1/2 off at 2:1 (normally I would take 1/2 at 1:1 but this has room to go)
C. 1/2 off at target
Ordre annulé
1) Traders front ran the latent orders.2) Projected targets were achieved & exceeded.
Trade cancelled due to optimum entry not achieved.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.