EURUSD Short
Hi,
Simple short from the EURUSD here. We want to get on the move in any way possible in the 15-minute timeframe. Price pulled back to 109794 area and we would like to see a break of the daily lows with a stop outside the swing. In hindsight, a short on the break of the previous day low would have been the ideal entry.
Entry: 109655
Stop: 109811
Target:109256 (yearly lows)
I would risk 1% of the account here (small account) in contrast to the normal 2% risk. And, look to trail the stop to BE at 109552.
Simple short from the EURUSD here. We want to get on the move in any way possible in the 15-minute timeframe. Price pulled back to 109794 area and we would like to see a break of the daily lows with a stop outside the swing. In hindsight, a short on the break of the previous day low would have been the ideal entry.
Entry: 109655
Stop: 109811
Target:109256 (yearly lows)
I would risk 1% of the account here (small account) in contrast to the normal 2% risk. And, look to trail the stop to BE at 109552.
Note
didn't get triggered with my broker here idea is still validNote
The idea is still valid, if the price comes into the low of the week in a trending fashion we can still take the trade.Order cancelled
we are getting a USD selloff, will be looking for the long plays
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