What do you think of my trade on the EURUSD?

Yesterday I wrote about the EURUSD, I really felt comfortable going long. And guess what, I went long.

Now, I need to admit that it was a little risky, there was this important announcement about the European economy and whether or not European countries were going to support Greece. Luckily they ended up supporting him.

This is the chart:

The yellow line on the middle was my entry level, the one at the bottom is my SL. My TP orders is way up! My risk reward ratio of this trade is larger than 10:1.

I like the fact that the EURUSD it’s been supported by LOPS1. But only time will tell what happens with my trade.

What do you think? Let me know.

Good trading!

Raul Lopez
Forex Training

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .