EU going up? Nearing major resistance on day chart.

By yewsean
Updated
Supported at around 70, 80 region. TL break to confirm. 1st TP 1.1120. 2nd TP 1.1160. News coming up in 18 mins time.
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open at 1.1089 SL at 1.1074, risk 60pips
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shift SL to 78, risk 44 pips
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add risk by 18 pips..Total risk 62
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H1 confirmation, TL breached. Add risk 25pips. Total 87 pips
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adjust overall risk to 72 pips. SL 1.1080
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close 1/4 position at 1.10956. overall risk = 60pips minus profits from closed position
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profit from closed position 6.2 pips. Overall risk 53.8 pips
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re enter 1/4 postion at 1.10994. add risk 28.8 pips Overall risk 82.6pips
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readjust overall risk to 52.8pips. SL 1.1085. Average entry price 1.10916
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H1 closed doji...closing trade soon
Trade closed: stop reached
Loss 52.8pips

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