POSSIBLE EURGBP SET UP
TECHNICALS:
I EXPECT EURGBP TO RISE FROM @ 0.87000 (SUPPORT ZONE - KEY LEVEL)
I'M ENTERING THIS TRADE 2X (RISKMANANGEMENT CALCULATED) ,
MY FIRST ENTRY WOULD HAVE A TAKE PROFIT OF 135 PIPS (@ 0.88350)
MY 2ND ENTRY IS A SWING TRADE, WITH A TAKE PROFIT OF 380 PIPS (0.90800)
PS: IF EURGBP ISN'T ABLE TO BREAK MY FIRST TP (RESISTANCE) I WILL CLOSE MY 2ND ENTRY MANUALLY
FUNDAMENTALS:
-THUESDAY: EUR -> ECO FIN MEETING (WHOLE DAY) + GERMAN ZEW
-WEDNESDAY: !!GBP!! -> PPI/RPI !!
-THURSDAY: EUR -> MONETARY POLICY MEETING
-FRIDAY: GBP -> RETAIL SALES + PMI - EUR -> PMI COMPOSITE
DISCLAIMER: I AM NOT GIVING ANY ADVICE, I AM JUST SHARING MY IDEAS WITH YOU, USE PROPER RISKMANAGEMENT.
I EXPECT EURGBP TO RISE FROM @ 0.87000 (SUPPORT ZONE - KEY LEVEL)
I'M ENTERING THIS TRADE 2X (RISKMANANGEMENT CALCULATED) ,
MY FIRST ENTRY WOULD HAVE A TAKE PROFIT OF 135 PIPS (@ 0.88350)
MY 2ND ENTRY IS A SWING TRADE, WITH A TAKE PROFIT OF 380 PIPS (0.90800)
PS: IF EURGBP ISN'T ABLE TO BREAK MY FIRST TP (RESISTANCE) I WILL CLOSE MY 2ND ENTRY MANUALLY
FUNDAMENTALS:
-THUESDAY: EUR -> ECO FIN MEETING (WHOLE DAY) + GERMAN ZEW
-WEDNESDAY: !!GBP!! -> PPI/RPI !!
-THURSDAY: EUR -> MONETARY POLICY MEETING
-FRIDAY: GBP -> RETAIL SALES + PMI - EUR -> PMI COMPOSITE
DISCLAIMER: I AM NOT GIVING ANY ADVICE, I AM JUST SHARING MY IDEAS WITH YOU, USE PROPER RISKMANAGEMENT.
Note
trades are active , 17 pips in profit so far
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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.