EURAUD in an area of support, time to head to resistance!
Monday's trade! EURAUD sitting around 1.4678 level, perfect entry area for a push towards 1.4886. Place stops at 1.4649 - 30 pips. This trade has a great R:R with 7:1. Supply and demand trade, simple as that.
Remember! Trail your stoplosses 25 pips once you hit 25 pips profit!
So,
move stoploss to breakeven @ 25 pips profit
move Stoploss to 25 pips profit @ 50 pips profit
and so on!
Happy Trading,
Nick
Remember! Trail your stoplosses 25 pips once you hit 25 pips profit!
So,
move stoploss to breakeven @ 25 pips profit
move Stoploss to 25 pips profit @ 50 pips profit
and so on!
Happy Trading,
Nick
Disclaimer
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.
Disclaimer
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.