euro – Page 2 – Charts101 Trading

EUR/USD – Moved stop to +75 PIPS

Posted on 05/22/2022 by Admin in Forex Trades

The pair did reach the trendline. Stop was moved higher and we’ll watch the market action.

One possibility was that the pair would continue rallying towards the blue trend line.

It didn’t, and it was decided to lock in 40 PIPS as worst case.

We wouldn’t move this stop lower, only higher based on price action.

Posted on 05/16/2022 by Admin in Forex Trades

The exchange rate of this pair came close to a long term swing area which led to a reversal.

I am long with a small size and will continue to monitor the price action.