Hello there guys,:thumb:
Sorry for the delay in the posting's first of all.
I have been working on a system for this whole week which could enhance my trades win percentage by about 7-10 %.So there all my efforts are pouring down.
I know this is supposed to be a euro/usd live calls section but,it does not leave me with enough trades so i scan some 45 currency pairs.
So here i am scanning some great opportunities that are developing on some currency pairs.
AUd/JPY has a nice pin bar on weekly chart.
For which i believe it will the order to buy will be as such
Limit Buy at 75.43
Stop Sell at 74.98
Limit Sell at 76.84
I will check the chart again at 5:30 AM Indian time for sunday bar to change my entry to some extent.
As per Eur/Usd it's having a strong buying formation on Weekly.
But is near a resistance level,i'll check later after sunday bar to confirm again
My call Limit Buy 1.2680
Stop Sell 1.2621
Limit Sell 1.2764
As said earlier will check at 5:30 to reconfirm.
NZD/USD is also having a pin bar in the weekly chart will post about it later
Hi Tavnaz
Been following your posts, looks interesting and similar to something I am following. Well a room im following. They have started retracement trades and look very similar to the style that you are using. I like the risk reward you are using. Im currently in forex live room, they provide real time trades on quite a few pairs. Main thing i like is that they give exact order they are placing with their broker. Very similar to what you are doing here.
regards
Rahul
Hello Forex Player i'm glad to know you are also following something about retrace trades.
Tell me something more about, what you follow exactly and what is the name of the trading room.
As per my stop loss Forex Star i really believe it is possible in any market to take a 50:1 reward to risk ratio,and i've seen many trades with the same.
Will elaborate more once i hear from you.
And thank you Edward for starting a new thread.:thumb:
Warm Regards
Tavnaz