SHORT:Euro’s sell off from Friday’s 6-month high

Euro’s sell off from Friday’s 6-month high at 1.1199 to 1.1112 suggests upmove from 2019 trough at 1.0880 (October) has made a temporary top there and consolidation with downside bias remains for stronger retracement to 1.1071.
Offers are now seen at 1.1140/50 and more above at 1.1160/70 with stops building up above there whilst initial bids are noted at 1.1050/60. Hence, selling on intra-day recovery is the way to go. We should take not of High impact news coming out for EUR: (French Flash Services PMI, German Flash Manufacturing PMI,Flash Manufacturing PMI ….coming out from 12:15pm GMT +4)

Signal Specification

Entry Type:SELL
Entry: 1.11686
Tp: 1.09809
Sl: 1.12681
R/R: 1.89
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
Forex Tamil
If you find it useful, hit the like and comment.
follow our updates for more profitable trades.
Mail : [email protected] Skype : qmanager.live
Phone: 0091 9600329983 and 0091 9487929983
Whatsup: +91-9600329983 and viber: +91-9600329983
Instagram: https://www.instagram.com/forextamil/
Facebook: www. facebook .com/forextamil4u
Twitter: https://twitter.com/forextamil
Telegram.: https://t.me/joinchat/AAAAAE1NL_LTgtLrGl
Pinterest: https://in.pinterest.com/forextamil/
Youtube: http://www.youtube.com/user/senthamizhar
Tradingview: https://www.tradingview.com/u/forextamil


16 Dec 2019 11:55 am Posted by admin