EURUSD PAPER TRADE (WIN)

 

Currency: EURUSD

TimeFrame: 1 Hour

Catalyst: Trendline with Breakout, STC

Type: Long

Buy Price: 1.12290

Sell Price: 1.12354

Volume: 0.03

Profit: $1.92

Reason for Buying: As you can see on the chart that pointed in the blue arrow it has already break the trendline which indicates a buying signal (naa siyay letter B nga naay green background). And I also look at the STC it has already in the 0 line which means that after this trend it will go change to buying signal which the red line will turn into green line. I enter the trade because I knew for the fact that the Trendline with Breakout has signaled to buy and I look the charts in the previous breakout it has profited atleast 50 pips. Now I entered the trade and I sold it at 1.12354 because the profit has gone up to $3sh and I decided to cut profit at $2 which is the reason I close the trade. Now I close the trade because when I saw the previous breakout it will give a momentum but it will also go back to the price of the BREAKOUT, that's why I decided to buy again at 1.12290 buy using a buy limit...