SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
SMP Strategy
Chart time frame - H4
Timeframe - 2-3 Days
A – Activating Event
Market will meet resistance in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 1.447
C - Fundamentals that may affect the pair
EUR Zone consumer Price Index on the 31st Oct @ 20:00 AEST
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss@.....
Target 1 @ 1.447
Target 2 @ ....
Risk/Reward @ 2.5.1
Happy trading :)
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!