EURUSD

iF eurusd breaks lower low
i have a sell stop below that zone and will be short
TP next monthly support

Kommentera:

Look at the hourly chart with flag pattern already formed
and a very nice one i might say.

Kommentera:

If I see a very nice sell signal I might enter a short before break out. and leave the break out sell stop as add on.
Still small position
Stop loss will be very wide mine will sit above the flag pattern. for me it is OK because I am using a 1/2 of the position I usually go in so I can be a little more generous with my SL.
use your own money management and see what fits you.

Kommentera:

IMPORTANT NOTE****** PLEASE IGNORE THE NOTE ON THE CHART
"THIS CAN BE A FAKE BREAK OUT"
IT IS FROM LAST CHART I FORGOT TO REMOVE IT. ********

Kommentera:

my sell stop has been triggered

Kommentera:

Closed the EU position with 30 pips profit after 2 pinbars formed back o back.
if it was any other day i would of waited out but not today.
now all my positions are closed only alive trade is NZDUSD which I was 65 pips out before i closed my platform.
happy holiday.