girolamoaloe

Sell in Running +428 pips until now - #ProfitingMe

FX:EURGBP   Euro Fx/British Pound
Hi,
my EURGBP             sell trade has reached now +428 pips of profit. The trade is in running and now it could bounce back for a moment.

Let it drop still a bit patiently ;-)

Study with me on http://profiting.me

Thank you

Girolamo Aloe
Trade closed manually: Trade Closed with +445 pips of profit ~17 pips before to reach the take profit that I have set long-time ago. The price could bounce back again before to drop down more marking a new low.

Note: this time I didn't want to wait for another bounce back, then the profit was good but not the best possible in this trading scenario.
What made you enter the trade when you did?
Reply
It was a convergence. The price converged to an old and strong level, then I sold and I waited patiently.

snapshot
Reply
Near girolamoaloe
Oh I see, thanks for responding. I'm learning not to wait for a typical confirmation signal like a Pinbar or something so it's good to know.
Reply
Hi. it is not so easy as it seems.
Many times the price take out the level. the chart shows that the price took out the lower level before to find an opposition to the higher level.

Anyway, you can join to my facebook group: https://www.facebook.com/groups/324155984277665/
There I share many things day by day and I make webinars every 2 weeks in general.
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