EURPLN - SHORT - September 18, 2018

RRichard143890 days ago

EURPLN

SHORT

2 0

Look to short USDPLN as it is trending down and has made a pullback with continuation setup this should go down. Good Luck

gwotsit16 minutes ago

USDCHF

LONG

0 1

USDCHF long

USD strong/ CHF weak Looking for a retest of significant resistance turned support. 50% pullback into this zone. Also 2ATRs. TP targets 161.8 extension before next daily support zone. Risking 0.5% Risk/Reward 1.77

Hamish19 minutes ago

GBPUSD

LONG

1 0

GBPUSD - Propulsion trade

The GBPUSD Trend is up since April 2020 with the Pound being the strongest of the currencies now and USD becoming more and more weaker. This morning price hit 1.42400 and now Price has had a 50% pulled back and hit 1.40809. Price is reversing and I am waiting for Price to break above the 15m 8ema before entering the trade. You can trade this 2 ways. 1) Place a Buy stop at 1.41200 and place One TP - at Fib 161.8 level is 1.44131 and SP at 1.39598 (RRR: 2.18/1) 2) Place a Buy stop at 1.41200 and place Two TPs - 1 at Fib 100 level at 1.42399 with same SL & second TP as above. When the first TP is hit, move the SL to the entry level. I know Andrew has mentioned to be fearful of the pound at the moment so you reduce your risk if you want to enter this trade. Remember to respect your risk and trade safe.