EURUSD and GBPUSD trade

Been a while… I know… Most of you did waited for any new trade update. Apparently I was too busy with my business here, trading was left with a dead end. I just have some of the time to do a few blog now and to regain back into trading. Because I enjoy trading like any other.

 

Below was the set up I prepared. On the EURUSD , I only took 1: 1 RR because the RR setup was 1:2 If it was a 1: 3 I could have aim 1: 2.

Anyway, see below prior and after.

Its left with the GBP, which if it does not happen, I would probably cancel it.

 

Don’t bother about the Finch robot seen on my chart, I was experimenting those for fun!

6 pip for the EURUSD. just like scalping.

 

Tell me how you all did with your trading for the past few months ?

I might be making another Video so just to show how I scalp and day trade using Demand and Supply.

 

 

  3 comments for “EURUSD and GBPUSD trade

  1. Prasit Ch.
    November 10, 2017 at 4:47 am

    Hi Warithu,

    Glad to hear about Demand and Supply trading.

    I follow your blog for while thanks for your sharing the supply-demand strategy I was interest about this thing.

    It give me the most Risk/Reward ratio and the best position but one thing I’m not sure before open the order when price touch any zone at same position many times. The zone is showing its strength or weak? And how I have method to manage the order?
    (sorry for the English grammar I communicate in only basic English)

    All the best

    • Trader101
      November 29, 2017 at 10:45 pm

      THe only way to determine a zone is strong is you see its reaction to that zone. If it is a quick rejection or bounce, it means that zones or level are strong. TO understand it fully, you need to back test it and see what and how would you react to that price actions.

    • Trader101
      December 10, 2017 at 11:42 am

      Its like holding a hot cup, if it is too Hot, you tend to let go quickly. The same applies if you notice it enters the zone, and rejected strongly , shows you that the level or zones are strong and will turn . Look for its price action and this is where you see candlestick pattern proving it otherwise.

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