EurNzd (Long) Halloween10-31
Please refer to daily chart for details:
1) Both Andrews pitchforks on chart show divergence in price action, where they overlap at.
2) RSI (momentum indicator on bottom)- shows price action is going up at this time on daily chart.
Trade set up: 1:1 Risk Reward is as follows: 50 box = 50 stop loss/50 target
1) Target: 1.72000
2) Enter: 1.71500
3) Stop loss: 1.71000
This will be be my 1st trade of session: set it and forget it trade for me. Make plan/trade plan. Will place this trade after 1st hour of session.
Related to 50 stop loss- adjust risk management to your account size with the correct lot size, for your risk of 1%, 2% or ? (whatever your level of risk is)
All trades you do, you need to control and be in charge of all you can: stop loss, enter, target, risk, price you enter, pair you trade, session your trade and time you trade- If you are excellent with the former- you will be trading for a lifetime or a marathon, instead of a short time or a sprint race.
Please do your own strategy and plan with any trades you do- trading has to be completely on you do and not- with any trades. Learn every trade you do.
1) Both Andrews pitchforks on chart show divergence in price action, where they overlap at.
2) RSI (momentum indicator on bottom)- shows price action is going up at this time on daily chart.
Trade set up: 1:1 Risk Reward is as follows: 50 box = 50 stop loss/50 target
1) Target: 1.72000
2) Enter: 1.71500
3) Stop loss: 1.71000
This will be be my 1st trade of session: set it and forget it trade for me. Make plan/trade plan. Will place this trade after 1st hour of session.
Related to 50 stop loss- adjust risk management to your account size with the correct lot size, for your risk of 1%, 2% or ? (whatever your level of risk is)
All trades you do, you need to control and be in charge of all you can: stop loss, enter, target, risk, price you enter, pair you trade, session your trade and time you trade- If you are excellent with the former- you will be trading for a lifetime or a marathon, instead of a short time or a sprint race.
Please do your own strategy and plan with any trades you do- trading has to be completely on you do and not- with any trades. Learn every trade you do.
أغلقت الصفقة: تم الوصول لوقف الخسارة
out of trade, stop loss hit. Just one trade of many & it happens.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.