Busy day on EURNZD 💶↕️Trade details for current trade are shown on the chart.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red short arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
Busy day already on this pair and strategy as we are on our third trade of the day.
Previous trades can be seen on chart also.
One trade found TP the other found SL.
Lets see how trade number three plays out.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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The stats for this pair are shown below too.
Thank you.
Darren
Daytradeforex
GBPUSD Live TradeOn my analysis released yesterday I gave my overview on GBPUSD and where I believed price would be moving towards during London Session.
GBPUSD is currently in an downtrend alongside was @Daily Support Zone which has been tested multipe times in the past, making it a great area for counter-trend opportunities.
Daily Support Zone (1.35640 - 1.36220)
During the London session, markett did a 1,2,3 Engulfing Candlestick formation! Entered @ close of Engulfing Candle, Indication of a reversal to the upside.
SL- 39 Pips⛔️
TP1- 39 Pips✅
TP2- 78 Pips✅
TP3- 117 Pips✅
First 2 TP Levels have been hit! Stop Loss moved to Breakeven and last position running