eurusd
My two great today’s trades
If You fallow my blog, You can see some of my trades. You probably also see that everyone is winning, i have losses and b/e also but i wanna show good entries first. I wanna trade with 3:1 RR ratio. So today i took 2 short on EUR/USD and GBP/USD and split my size of trade on both. And close it after +300 pips. I used 50 pips SL on both so it’s 100 pips all. I’m using fibs +elliot wave teory to count the waves. Ok let’s see the example. First is the EUR/USD on 1h chart. I prepared for this trade for more than 2 days the same with GBP/USD. I soon published some more about Elliot Wave Teory. And also i’m planing give free forex signals to trade.
My yestarday long on EUR/USD
Yesteraday i took long on eur/usd with 30 pips SL and 46 pips profit my TP was preaty fast hit so great trade for me with TP/SL ratio more than 1.5 times. Look below on m15 chart.
As You can see on the chart i took long on 50% fib retracement and i put TP on 50% of pullback usually 38.2% should work better and give You more pips but i wanna be save.
Two trades on EUR/USD
Today i took 2 trades oth on euro against us dollar. I post this levels on Sunday eveninig here There were EUR/USD Aggressively sell breakdown of 1.3550 and 1.3700. The first was long on 1.3702 closed on 0 pips profit. I was supposed to see hard up move Eur/usd so i put immadietly SL on break event and it was hit.
Second trade was sell Eur/usd on trendline breakout on m15 chart. Chart below.
So i took it on first closed candle m15 ( chart is m30). It was almost 70 pips profit but i took only 30 pips gain. I expected fast move down, so i closed on +30 pips