Trading idea on 1h chart:
Long EURUSD – Playing the Range
________
Trading idea: limit buy order at 1.1290, Risk-Reward = 5.5
SL@ 1.1266 (-24), TP@ 1.1422 (+132)
________
- range trading in EURUSD since a few days
- Greek talks and strong US-Stocks were not able to push USD over EUR -> long entry prefered
- pretty easy: buy the bottom, sell the top of that range area between 1.1280 and 1.1440
__________________
Disclaimer: There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.
Long EURUSD – Playing the Range
________
Trading idea: limit buy order at 1.1290, Risk-Reward = 5.5
SL@ 1.1266 (-24), TP@ 1.1422 (+132)
________
- range trading in EURUSD since a few days
- Greek talks and strong US-Stocks were not able to push USD over EUR -> long entry prefered
- pretty easy: buy the bottom, sell the top of that range area between 1.1280 and 1.1440
__________________
Disclaimer: There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice. The presented set-ups are not solicitations of any order to buy or sell.