A Great Possibility To Make Over 2000 Pips - EURUSD
905
(This is only an idea so please don't nail me on that.) Right now after the FOMC-News on 15.03.2017 there is a great possibility to look for short setups.
I hope you can read this chart so you can get my idea clearly.
I will place a Sell Limit Order:
Entry: 1.0757 Stop Loss: Depends on your Risk Management Take Profit: F I N I S H L I N E
Please don't ask me for the duration of this trade but it will take a while. If you got any questions, suggestions or any other comments I will answer all of them.
Note
Sorry for my misstyping. There are "only" 200 pips instead of 2000 pips.
Trade active
After my Sell Limit Order is filled at 1.0754 (because of spread) I am shorting this trade.
Trade active
After creating a new lower low on the 4h-chart I moved my sl to breakeven.
Trade closed: stop reached
Stop loss triggered and market moved bullish away. Next trade - next chance!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.