EUR/USD Trade Setup (Short Position)
Entry Price: 1.07850
Target: 1.06020
Stop Loss: (Not provided – Recommended SL below)
Risk-Reward Ratio (RRR): Depends on SL
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Risk Management Strategy
1. Stop Loss Placement:
Suggested SL: 1.08350 (Above recent resistance)
Risk: 50 pips
Reward: 183 pips
RRR: ~3.6:1 (Good setup)
2. Position Sizing:
Risk 1-2% of capital per trade
Example: If risk is $200, with 50 pip SL, lot size = 0.4 lots
3. Leverage & Margin:
Avoid overleveraging, especially in volatile markets
4. Trailing Stop:
Secure profits once price reaches 1.07000
Adjust SL to breakeven if price moves significantly in your favor
5. Market Conditions:
Check economic events (e.g., ECB, Fed meetings, NFP reports)
Watch for support/resistance, trend strength
Entry Price: 1.07850
Target: 1.06020
Stop Loss: (Not provided – Recommended SL below)
Risk-Reward Ratio (RRR): Depends on SL
---
Risk Management Strategy
1. Stop Loss Placement:
Suggested SL: 1.08350 (Above recent resistance)
Risk: 50 pips
Reward: 183 pips
RRR: ~3.6:1 (Good setup)
2. Position Sizing:
Risk 1-2% of capital per trade
Example: If risk is $200, with 50 pip SL, lot size = 0.4 lots
3. Leverage & Margin:
Avoid overleveraging, especially in volatile markets
4. Trailing Stop:
Secure profits once price reaches 1.07000
Adjust SL to breakeven if price moves significantly in your favor
5. Market Conditions:
Check economic events (e.g., ECB, Fed meetings, NFP reports)
Watch for support/resistance, trend strength
Trade active
Thank you! That’s great news for EUR/USD reaching 1.07300. It’s always exciting to see such progress in the market. Keep up the momentum and stay focused!
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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.