EUR/USD & GBP/USD & AUD/USD Forex Trading

so now you are risking 50 to get a 10 pip profit?

 

Short EUR/USD @ 1.4120 100,000 units. Stop @ 1.4155. Profit open. Wide open.

 

Looks good for a 100+ pip rally going into tomorrow's session

I see where you see OB levels - but it's just a pullback to hit support levels

 

Ha, that's where I've got sell orders, around 1.42/1.4220!

Where do you see support, mid/low 1.40?

 

Not too sure about where I see support on the EUR but I'm starting to build a position in the GBP to sell at the 1.7 area

 

I'm not looking at OB levels at all. I'm looking at a downtrend from months ago.

 

I trade EURJPY exclusively. Good price movement and volatility.

 

Here. You made me log into my fxgame account just for this. Bleh.

 

According to your charts, there is a slight ascending uptrend from June 12 and it looks to be attempting an upward triangular breakout

...just the way I see your chart

 

perhaps a trendline that started over a year ago trumps a trendline that dropped its first anchor a mere month ago? Also, Ivan's his risk/reward is excellent, in that he has, if I read correctly, about a 35 pip risk, while the downside, should the downtrend be resuming, has plenty of daylight in which to run.

... just my thoughts