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EURUSD: D – BEARISH TP – 1.075 – 300+ Pips #Forex @TradingView

Trade #2 – EURUSD: Update #2

Point A: 1.141
Point B: 1.0885
Point C: Entry – 1.1149
Point D: TP – 1.075
SL – 1.125

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30 Comments

  1. FxProNow Student: Jacob – 6:49 You start talking about not exiting trades. Can you set two TP’s knowing it will have a kick back and then re-enter again on the trade after the re-trace for the sell knowing it is still going to go down, just securing the bag?

  2. FxProNow Student- Sameeha- Completed Course 7:50 I was reviewing maintaining orders section of the course and I wanted to know if when checking to see if Point C maintains 38.2% are we always using the fibs on the lower timeframe of our trade?

  3. FxProNow Student: Joe Chpt 11.1 – Good advice on focusing on the main move and not getting off course because you're losing pips for the time being

  4. FxProNow Student: Kirk McLean – Ch. 11- 8:21 – Do you think right where 23.6 is would have been a good area for you to scale in or would you have waited until price retested that red zone?

  5. FxProNow Student: Leon Sutherland – Ch11- I'm following what you're saying but I need some clarification as to what each level of the Fib is telling us.

  6. FxProNow Kristen Ch. 11.1 : Although, I haven't gotten into the course about the Fibonacci tool yet; from watching the CBDs; I can tell that if a high or low does not get past 23.6% it is not a true low or high. I also learned that if price is not breaking overall structure; hold the trade.

  7. FxProNow student Teresa: I want to say that I really don't know fibs yet but I'm eagerly anticipating learning them especially with knowing that 23.6 is not really a break in structure and hearing you speak on the 38.2 lets me know that this is an important fib level for structure to be broken. Can't thank you enough for the course. It's truly amazing and I'm enjoying every bit of it.

  8. FxProNow Student- Daniela Leiva – chapter 10- I now understand why key levels are very important for price. It shows that price is comfortable in that level and so it acts like a magnet.

  9. FxProNow Student: Reggie Chapter 15. You mentioned that if structure hasn't been broken, hold your trade. Exactly at what point of the fibs has it completely broken structure? If a candle closes above 38.2, it's ok to close out the trade, however, it's a possibility that it can fall back in profit. Is it at 100% or above 100% that the structure has completely been broken?

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