Euro / SterlinaShort
SHORTING EUR/GBP 4hr Chart
1.Risk/Reward-Looking at a nice set-up on 4 hour chart. We have a risk of 1:3 on the short side
2.Price-200 EMA offers a nice support/resistance as well. If you would look on daily chart, I have a downward bias on this pair. Again every trader who's been in the market for a while knows that you can't entirely predict the market. Needless to say that you already have a good risk management in place if you want to stay in the game and make money
3. Set-up-only catch the trend. NO INSTANT ORDER IN MY WORLD
I will followup on this in a couple of hours-let see what happens next
2.Price-200 EMA offers a nice support/resistance as well. If you would look on daily chart, I have a downward bias on this pair. Again every trader who's been in the market for a while knows that you can't entirely predict the market. Needless to say that you already have a good risk management in place if you want to stay in the game and make money
3. Set-up-only catch the trend. NO INSTANT ORDER IN MY WORLD
I will followup on this in a couple of hours-let see what happens next
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