adamnkiss

EURUSD Buy In

adamnkiss Updated   
FX:EURUSD   Euro / U.S. Dollar
7
Hey!

I have summarised some reasons why to buy euro even now, please read in the related article - eurjpy where I have a long position as well.

  • The White Line @1.12620 is very strong - this might stop me
  • My trendlines show that I have a higher chance to go up - but anything can happen
  • Risk/Reward is at least 1:3 - let's see how far we can go - if we can go at all

Now, I have an incredibly small S/L now, the reason is because I want to catch the breakout and for that I am ready to sacrifice even 2x this S/L

Have a question? Don't hesitate to ask.
Comment:
The trade is slowly slowly moving into good profit. Hopefully the steam will not be lost.
Comment:
The trade ended with a 1R loss.
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