GBPUSD Live Week 51 Swing Zones
Updated
Week 51 SZs are set, including predicted price paths a or b.
As Always price action determines trades
As Always price action determines trades
Trade active
B it is.
Sell entry @ 627
SL -10pips
Trade closed: stop reached
Sell reentry @ calculate level of 931
SL -10pips
Note
Price pinching +20pips.
Move SL to BE
Note
Sell reentry @ 931 closed BE
2 trades: -10/0 = -10pips
Buy entry on previous resistance @ 965
SL -10pips
Note
Apologies for late post.
Buy entry @ 965 closed in loss
3 trades: -10/0/-10 = -20pips
Buy entry @ lower SZ currently pinching +20pips
SL @ BE
Note
A good week again.
4 trades : -10/0/-10/+100 = 80pp
My strategy highlights the importance of keeping losses as small as possible and letting winners run
Thanks to all who followed and took time to look at the posts.
Have a restful weekend
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