EUR/USD Forex Signal Overview
Currency Pair: EUR/USD
Signal Type: Sell
Signal Time:
-
Start: 01:19 UTC+1
-
End: 09:19 UTC+1
Trade Details:
-
Entry Price: 1.17986 (Sell)
-
Take Profit (TP): 1.17464
-
Stop Loss (SL): 1.18138
1. Calculating Risk and Reward
a. Risk per Trade (Pips)
-
Risk = SL − Entry
-
1.18138 − 1.17986 = 0.00152 → 15.2 pips
b. Reward per Trade (Pips)
-
Reward = Entry − TP
-
1.17986 − 1.17464 = 0.00522 → 52.2 pips
c. Risk-Reward Ratio
-
Reward ÷ Risk = 52.2 ÷ 15.2 ≈ 3.44
-
This is a favorable risk-reward setup (targeting ~3.4× the risk).
2. Position Size (Example)
To calculate position size:
Formula:
\text{Position Size} = \frac{\text{Account Risk ($)}}{\text{Risk in Pips} \times \text{Pip Value}}-
Determine account risk per trade (e.g., 2% of $10,000 = $200)
-
Pip value depends on lot size (standard, mini, micro).
3. Key Considerations
-
Enter at 1.17986 (ask price for sell orders may slightly differ depending on your broker)
-
SL = 1.18138 → Protects against adverse price moves (~15 pips above entry)
-
TP = 1.17464 → Close the trade automatically (~52 pips below entry)
-
Ensure position sizing aligns with your risk tolerance
