EURUSD SHORT POSITION
Updated
Currency Pair: EUR/USD
Entry Price (Short): 1.07460
Stop Loss: 1.128
Take Profit: 1.053
Risk-Reward Ratio: 4:1 (4 for profit and 1 for stop loss)
Description of the short position:
Short Entry: You open a short position on the EUR/USD pair at a price of 1.07481, which means you are selling euros and buying US dollars with the expectation that the euro will depreciate against the US dollar.
Stop Loss: You place a stop loss at 1.128, which means if the price rises to that level, the position will automatically close to limit your losses. This level is above your entry price and acts as a protective measure.
Take Profit: You set a take profit at 1.053, which means if the price drops to that level, the position will automatically close to secure your profits. This level is below your entry price and represents the point where you want to realize gains.
Risk-Reward Ratio: The risk-reward ratio is 4:1, which means you are willing to risk 1 unit of loss (if the price reaches the stop loss at 1.128) to gain 4 units of profit (if the price reaches the take profit at 1.053).
Entry Price (Short): 1.07460
Stop Loss: 1.128
Take Profit: 1.053
Risk-Reward Ratio: 4:1 (4 for profit and 1 for stop loss)
Description of the short position:
Short Entry: You open a short position on the EUR/USD pair at a price of 1.07481, which means you are selling euros and buying US dollars with the expectation that the euro will depreciate against the US dollar.
Stop Loss: You place a stop loss at 1.128, which means if the price rises to that level, the position will automatically close to limit your losses. This level is above your entry price and acts as a protective measure.
Take Profit: You set a take profit at 1.053, which means if the price drops to that level, the position will automatically close to secure your profits. This level is below your entry price and represents the point where you want to realize gains.
Risk-Reward Ratio: The risk-reward ratio is 4:1, which means you are willing to risk 1 unit of loss (if the price reaches the stop loss at 1.128) to gain 4 units of profit (if the price reaches the take profit at 1.053).
Trade active
Still in trade with profitsTrade active
Still in trade we are going to look at this on sunday, have a great weekend, greetings from ChileTrade active
Stop Loss modify 0.081Take Profit 1.0520
Trade active
SL trailing stop now at 1.07679, position in profitTrade active
Still in position with profitTrade active
Still in position with profit
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