GBPUSD trade succesful
Last Friday I posted the scenario's I was looking for regarding GBPUSD
I'm not looking for new daily lows but the structure was perfect for trading opportunities.
The short could be entered after the 2 consolidations. This is what I did and my stops are at Break-Even.
Depending on price action and possible pullbacks I will close these positions but once my website is launched I will elaborate how to trade these set-ups on lower time frames.
Another way is to close the first position since it reached R/R 2:1 which is my minimum but that is up to you and your trade plan.
timstuyts.com
facebook/timstuyts
I'm not looking for new daily lows but the structure was perfect for trading opportunities.
The short could be entered after the 2 consolidations. This is what I did and my stops are at Break-Even.
Depending on price action and possible pullbacks I will close these positions but once my website is launched I will elaborate how to trade these set-ups on lower time frames.
Another way is to close the first position since it reached R/R 2:1 which is my minimum but that is up to you and your trade plan.
timstuyts.com
facebook/timstuyts
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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.
Related publications
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.