EURUSD
looks like it's starting an uptrend after a long downtrend. This trade is a little risky in an attempt to join the trend. Make your risk lower than usual due to the risk of a sideways trend instead. My first target is on the 3:1 mark and then I'll start a mechanical trailing stop, following the possible uptrend until it is finished.
Trade attivo:
First target 3:1 was already reached. Now I started my mechanical trailing stop.
Commento:
Moved stop loss to 1.59 mark.
Commento:
Correction above: 1.059 mark.
Now moved stop loss to 1.06040 mark.
Now moved stop loss to 1.06040 mark.
Commento:
Moved stop loss to 1.06310 mark. If I got stopped there this will be a 7.43:1 trade. Very good risk/reward ratio.
Trade chiuso: obiettivo raggiunto:
Trade closed for a 7:1+ trade.