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Eurusdsell

Trade idea on EurUsd(4Hrs)EurUSD on 4hrs is currently on a supports/resistance parameters and therefore pose a great opportunity for either a buy/sell.. So therefore wait for any breakouts i.e if the market breaks 1.11150 its a very safe buy to 1.11600 And if market breaks 1.10700 its a very safe sell to 1.10100 Otherwise stay out at consolidation(ranging) points OR once the trades breaks the light blue rectangular shades, Buy if top is broken, sell if bottom is broken and apply stop loss @opposites ends... Also apply proper risk management and set your buystop/sellstops respectively to the mentioned breakouts mp. Goodluck!! Please comment and share your ideas too on this particular pair. thanks!
Long
by NAS-KING
EURUSD Making a Double Zigzag Elliot Wave Pattern - Short Entry So yesterday I published an article on the EU with entry and stop level. I get stopped out and some traders did as well. That's trading for you, you won't always be right and to win in this game you've to be bold to take the loss and re-evaluate will clear mind. What's wrong with yesterday setup, I labelled wave (a) as a completed (a)-(b)-(c). When market stopped me out and I re-analyse I could see that the correction is yet to complete and we still have a chance to trade lower in order to complete a double zigzag pattern. I took an aggressive entry 1/3 of my total risk and I will add the remaining risk once the conservative entry level is breached. How do you manage your loss? Do you let your losers run? If yes, I have been in your shoes and I will tell you honestly, it won't help your bottom line. Best, Veejahbee.
Short
by Veejahbee
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