EURUSD Non-Trending(Side-ways)
I don't see trends in this chart and can easily say the market is not trending and is sideways.
I have defined 3 supports and 3 resistances and can play around to book some profit.
I'll book two types of orders here buy stop and sell stop to capitalize if it goes either way.
Total Order = 2 with 2% risk each.
For each order two trades with 1% risk each for TP1 and TP2:
Order#1:
SL: 1.10865
BUY STOP: 1.11540
TP1: 1.1221
TP2: 1.1289
Size: 0.15
Order#2:
SL: 1.09460
SELL STOP: 1.09105
TP1: 1.0875
TP2: 1.0840
Size: 0.28
I have defined 3 supports and 3 resistances and can play around to book some profit.
I'll book two types of orders here buy stop and sell stop to capitalize if it goes either way.
Total Order = 2 with 2% risk each.
For each order two trades with 1% risk each for TP1 and TP2:
Order#1:
SL: 1.10865
BUY STOP: 1.11540
TP1: 1.1221
TP2: 1.1289
Size: 0.15
Order#2:
SL: 1.09460
SELL STOP: 1.09105
TP1: 1.0875
TP2: 1.0840
Size: 0.28
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