I’ve placed a sell trade on the EURUSD pair, a signal formed on this pair as per the mentorship program I follow. I got in when the price broke Monday’s low at a price of 1.07078. Stoploss is well above the support turn resistance (1.07027) level at 1.07556 for a 52.9 pip and $5.29 risk, targeting 1.05.
That’s a 202.7 pip ($20.27) profit for a Risk Reward of 4:1.
Will update the trade further in the comments. Please leave yours there too and click here to trade along.
Further Reading
Buy Gold
Buy gold now. Seriously, not just on paper like I’m doing on this CFD on my platform because the price action trading system I’m following gave a signal to buy, but for your own preservation of wealth.
A Novel Trading Strategy. Buying High And Selling Higher: The GBPJPY
Entered a buy trade on GBPJPY on a pin bar rejecting the 8day ema. Entry: 194.361, Stop: 192.982 TP: 197.108. Risk: 137.9 pips and Reward: 412.6 pips. Happy Trading.
NZDUSD is sold!
NZDUSD trade where I entered at the 8 ema. Ideally I should have waited until a price action signal which has now appeared on the 4 hour chart. Still happening..
Sell Trade on the AUSUSD works out as price fall after reaching horizontal resistance
The AUDUSD pair has been retracing up for a few days now, and during the course of today, it hit the resistance level of 0.74407 that I’ve been watching.
I decided to take a small trade at 0.74374 with stop loss just above the resistance level…
