Short term to long term analysis

[ar1]

Here's my view on the euro. No indicators are used only price action good money management.

See Chart below.

[ar1]

The chart:

[ar1]

Based on my analysis we have an excellent r:r setup as follows:
Sell Euro/usd @ 1.2802 Sl @ 1.2850 tp @ 1.2490
Risk:Reward is 1:7.5

[ar1]

Originally Posted by ar1

Based on my analysis we have an excellent r:r setup as follows:
Sell Euro/usd @ 1.2802 Sl @ 1.2850 tp @ 1.2490
Risk:Reward is 1:7.5

Stopped for -48 pips. Sl was too tight. I still beleive the market will turn south.

New trade: Sell Eur/usd @ 1.28890 Sl@ 1.3000 TP@ 1.2420

Targets may change will update.

[ar1]

Usd/chf buy @ 1.2360 sl@ 1.2250 tp@ 1.2800

Gbp/usd order sell @ 1.9180 sl@ 1.9280 tp@ 1.8300

[ar1]

buy usd/jpy @ 117.30 sl@ 116.90 tp@ 118.40

[ar1]

Originally Posted by ar1

Gbp/usd order sell @ 1.9180 sl@ 1.9280 tp@ 1.8300

Missed my gbp sell order by 2 pips will enter a sell position on a retrace.
currently opened trades are:

Usd/jpy buy @ 117.30 sl@ 116.90 tp@ 118.40
Usd/chf buy @ 1.2360 sl@ 1.2250 tp@ 1.2800
Eur/usd sell @ 1.2889 Sl@ 1.3000 TP@ 1.2420

[ar1]

Originally Posted by ar1

Usd/jpy buy @ 117.30 sl@ 116.90 tp@ 118.40
Usd/chf buy @ 1.2360 sl@ 1.2250 tp@ 1.2800
Eur/usd sell @ 1.2889 Sl@ 1.3000 TP@ 1.2420

Moving sl to break-even on all positions.