EUR/USD Beginner Level trading
I have taken a buy trade now with SL at 1.1741 and TP at the upper edge of the Asian range (1.1772). There are option expiries sitting upwards so I think they should act as a magnet to price, especially the option expiry sitting at 1.1775
H
@headies25284
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11 hours ago
Quoted - yokoyi
Trade update: Still in profit but TP has not been reached yet.
How many pips is the stoploss and how many pips is the take profit?
Quoted - headies25284
How many pips is the stoploss and how many pips is the take profit?
SL is about 10 pips and TP about 13 pips
H
@headies25284
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10 hours ago
Quoted - yokoyi
SL is about 10 pips and TP about 13 pips
It’s a 1:1rr trade then?
Quoted - headies25284
It’s a 1:1rr trade then?
Yes, I hope it hits TP before 3:45 pm when U.S. PMI news will be released. Cos PMI news usually spikes price in both directions which is dangerous.
H
@headies25284
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10 hours ago
