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EURUSD - Betting on democrats for the mid-terms elections - R/R!
Euro / U.S. Dollar
Long
EURUSD - Betting on democrats for the mid-terms elections - R/R!
By ElliottWaveBelgium
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Updated
Nov 5, 2018
6
Cheer
Cheer
Nov 4, 2018
Expect 1.13 to hold, unless the Republicans get a majority in both chambers in the mid-terms this Tuesday, which is the less likely scenario.
Trade Setup :
Entry 1 : Market price (small lot size)
Entry 2 : Pending @ 1.1360
Stop : 1.12999
Target : 1.16 to 1.18
** Have a look at my other post for better overview (
tradingview.com/chart/EURUSD/p7owOql8-EURUSD-Bullsih-view-prefered-Good-R-R/)
*** Don't hesitate to like and comment ;)
Nov 5, 2018
Trade active
Pending order filled.
Nov 7, 2018
Comment
Trade went accordingly to plan.
Partial profits taken
Hold the rest.
Stop moved to 1.1422 for both entries.
Nov 8, 2018
Trade closed manually
Trade closed, stop reached.
Results:
Booked profits at first with:
+87pips
+120pips
The remaining positions gave :
+28pips for first entry
+61pips for second entry.
Beyond Technical Analysis
bug
election
EURUSD
LONG
riskreward
Trend Analysis
Wave Analysis
ElliottWaveBelgium
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