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Using the desk

How to Read a Published EUR/USD Trade Plan: Entry, Target, Stop, Conviction

A published execution isn't a headline with an arrow attached. It's a specific EUR/USD buy sell signal made of four numbers and a grade: entry, target, stop, and conviction. Every field means something specific, and reading them wrong is the fastest way to misuse a plan that was actually built carefully.

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The four numbers

  • Entry. The price the position is taken at, or the price it's waiting to fill at if it hasn't triggered yet. This comes from a Fibonacci retracement on the last completed swing, not a round number or a guess.
  • Target. Where the plan expects the move to realistically run out of room. It's not a hope, it's a measured level: when price reaches it, the position closes.
  • Stop. The price that proves the read wrong. If it's hit, the position closes at a loss and that loss is published exactly like a win would be.
  • Conviction grade. A 1-to-5 score published on every position, which maps to a suggested risk percentage, not a lot size, not a dollar figure. Higher conviction means a higher suggested risk, lower conviction means the desk is telling you its own confidence is thinner.

What decides those numbers

Direction comes from the Ichimoku Cloud, projected ahead of price rather than lagging behind it. Once the Cloud sets the bias, a Fibonacci retracement on the last completed swing turns that bias into the actual entry, target, and stop. Neither tool alone produces a tradeable plan: the Cloud tells you which way, Fibonacci tells you where.

What a plan doesn't tell you

It doesn't tell you how much to risk in dollars, and it never will. Sizing depends on your own account and your own tolerance for drawdown, and nobody publishing to a broad audience can know either of those. What the conviction grade gives you instead is a relative signal: a grade 5 is a setup the desk is reading with far more confidence than a grade 2, and your risk should scale accordingly, whatever your base unit is.

Every position carries a conviction grade and a fixed risk to reward, so the sizing is yours to decide. The desk never states a lot size and never tells you what to risk.

Reading the status, not just the numbers

A plan is either waiting to fill, open, or closed, and each state matters. Once it fills you get an email immediately, and again on every stop move or close. Nothing in the plan changes silently: if the stop moves to lock in gains, that's a new dated event on the same position, not a quiet edit to the original numbers. Understanding that a plan carries a conviction grade for a reason is really the whole difference between following a signal and following a system.

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