EURUSD(1D) - long with controlled losses.

I explain why there is a long position in this drawing on my probability estimates - taken from technical indicators.

Note carefully the word 'controlled loss' means stoploss which means that's money one is prepared to lose. I never avoid talking about losses, as it is the most important thing to control in trading.

Disclaimers: This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. If you make decisions based on opinion expressed here and you lose your money, kindly sue yourself.