Just an idea for short term target with SL and TP.
Plan: Buy Limit 1890.00 and SL 1886.00, TP 1898.00, will close %50 profit at 1895.00 and set SL at breakeven.
Risk Disclaimer:
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Plan: Buy Limit 1890.00 and SL 1886.00, TP 1898.00, will close %50 profit at 1895.00 and set SL at breakeven.
Risk Disclaimer:
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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Closed full position early at 1892.00 with profit because of low volume. Done for day. Will share new analysis tomorrow NY Session.