EUR/USD Forex Signal Overview


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 = 0.0015215.2 pips

b. Reward per Trade (Pips)

  • Reward = Entry − TP

  • 1.17986 − 1.17464 = 0.0052252.2 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



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