I m looking to buy to sell the pair as per my EW count. I may be right or wrong but if it is what I think it is, then it will pay a huge dividend for the risk I m going to take. Always remember in forex, risk/trade management is the name of the game. So if I m wrong I will know in first buy itself & I will lose 1R, but if I m right then in my first buy I will score 2+ R & then will go for sell position with house money (win from recent buy) & risk 1R & try to win 5+R.
Let me know if you agree or you have any alternative plan in a comment section.
=)
P.S. Look for my ECAD idea attached, the first attempt has failed at 61.8% retracement but got short at 78.6% area. Wait for pull back & enter shorts according to your trade plan, if interested.
Let me know if you agree or you have any alternative plan in a comment section.
=)
P.S. Look for my ECAD idea attached, the first attempt has failed at 61.8% retracement but got short at 78.6% area. Wait for pull back & enter shorts according to your trade plan, if interested.
