LuxForex

EURUSD short term long idea

Lång
FX:EURUSD   Euro / USA-dollar
Hello traders,

Here is my analysis and trade idea on EURUSD.

I am expecting price to continue the move upward after the liquidity of the Asia lows is taken.

My target is 1.06030


BEFORE OPENING YOUR TRADE:
- Remember risk management is 1-2% of your capital
- Take profit of your position partially. Don’t leave money on the table.
- Don't open too many orders at the same time
- Be patient
- Don't be so greedy
- Go to a lower timeframe to find break of structure and change of character (Choch). Remember No Choch – No Entry!
- DON’T FOLLOW IDEAS BLINDLY
- ALWAYS DO YOUR ANALYSIS BEFORE MAKING A TRADE!
YOUR TRADE IS YOUR DECISION!

If you have your own view about it, please share your thoughts in the comments.

Happy trading!


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