I hope that you guys have made some profits from my previous post on the GBPJPY and EURUSD.
I have taken a BUY trade on the EURUSD and a BUY trade on the GBPUSD yesterday as they have triggered my Trend Strategy which has been added to the trade copier service this month.
The good thing about the trend strategy is the good risk reward ratio it offers.
For the EURUSD, the price is now at 50 pips profits and I have shifted the stop loss to breakeven. This trade starts with a risk reward of 1:4 with a stop loss of 25 pips and target profit of 100 pips
Below is the screenshot of the trade on 8th July 2020

Below is the screenshot of the trade on 9th July 2020 when I post this post

For the GBPUSD, the price is now at 75 pips profits and I have shifted the stop loss to breakeven. This trade starts with a risk reward ratio of 1:5 with a stop loss of 25 pips and target profit of 125 pips.
Below is the screenshot of the trade on 8th July 2020

Below is the screenshot of the trade on 9th July 2020 when I write this post

But as I see that the Fibonacci full extension for this trade is below the 125 pips. I decided to set it at 110 pips target profit which is slightly below the Fib 1.618 level.
I will update you guys the outcome of the trade once it is over.
For those of you who are interested to join my trade copier, you can take a look at the link below
I just join your trade copier service 2 days ago and I am excited to see the first 2 trades done on my account to be in such good profits.
Keep it coming 🙂
Nice trade!
Cant wait to see the price hitting our target profit.