2019-03-11 16:53 GMT+08:00 GBPUSD Daily Buy
Updated
Open conditions:
1. Buy market at 1.2999
2. EMA (20) > MA(72)
3. Pull back up to EMA (20)
4. Pull back more than 30pip today (almost)
5. Already bear for 7 days,
and the buy bars are bigger and bigger
6. London market opened 2 hours (only 38 mins)
7. Assume ATR is 105, more than 50 pips to TP
Stop loss:
1. 40 pips
2. 1.5% risk, try if the price will turn up
Take profit:
1. 1.3065 (65 pips)
2. Daily volatility
3. Don't trail stop loss
Trade closed: target reached
6. London market opened 2 hours (only 38 mins) --------
Opened too earlier.
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