Long GBPUSD around 1.40800

Long grousd at 1.40800. SL:1.40350 PL 1.4600

Trade active

1.408 Long trade active and open another Long trade at 1.4061. SL move to 1.40250 as new analysis supported. Please note that this is a risky trade as USD index is trending up now. It's better to categorize it from Long term trade to a short term trade. Move up ur SL when u got enough profit. Thanks

Note

now it's 1.4133, two trades earned around 120 pips in total. I propose to move ur SL above ur entry price although British may increase interest in next three years. Let the market decide how much we can get from this "bonus" trade

Note

Last night hit 1.4176. Now it's pulling back. For those who missed previous entry point, u still can entry when priced become stable at Low level. Those who already have this trade do not open new trades for this as I still think this is a risky trade

Trade closed manually

Highest hit 1.45095. More than 500 pips earned and I have two positions. Reduce most of the positions (80%)as tmr is NFP.

OuHuangTrading

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

OuHuangTrading