Euro / U.S. Dollar forum


Position: Long (Buy)
Take Profits:
1. TP1 – 1.16500
2. TP2 – 1.17050
3. TP3 – 1.17580
4. TP4 – 1.17780
Stop Loss: 1.15430
tradingview.com/x/mOldnT2C

Why should you talk about losses if set a proper SL?
A small tip:
You can look at it very simple. A trade will either move in your favour or the oposite direction. You have roughly 50% chance. If you do some analysis, at some points (for example at a resistance/suppor), you have a higher possibility of some direction. After a confirmation, you have even higher possibility of some direction.
Some expected/unexpected news (example Trump) can invalidate all your analysis. But you still have 50% chance.
On the left is the 4 hour
Price broke its trend so retesting 11650 would have resistance of the 1 hour channel and resistance of the broken trend.
The chart on the right in the daily
Please note that Target 2 is
The 50 day Ema not the 200
We can talk abou the 200 ema down at 111 IF and WHEN charts look like it.
