Anatomy Of A Eurusd Swing Trade

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FREE DOWNLOAD: -- Stay Out Of Choppy Price Action

The EURUSD swing trade has been on the books since Feb 5 2015 and except for a large directional thrust on Feb 6, not too much has gone on. In that article, the trade was up 145 pips which is 2.4R however I took some profit off the table at 1.1338 on Feb 8 which gave me a 2.15R.

In swing trades, I like to take a portion off either equal to initial risk or clear structure. Unfolding price action often dictates that part of the plan. I’m looking for a 4.9R on this trade which will take it about 75 pips of the current lows if price gets there.

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