Short

TRYGBP - Turkish Lira | Great British Pound

Updated

I see a trade on this exotic pair. I am highlighting an entry method I use to find entries and exits of sound setup patterns using Japanese Technical Analysis .

1% Risk - 2:1 RR

Note

See how price has not stopped creeping toward that 50% Fib level. Interesting to see, I have a limit order sitting on that level, allowing the machine to handle the trade, fully emotionally divested.

Trade active

Price just hit the 50% Fib level, I am in a short now. controlled risk. 1% 2:1 RR

Trade closed: target reached

Random pair that worked.

MattArmstrong

I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.

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