EURGBP: Ichimoku trade

FX:EURGBP   Euro / British Pound
185 4 3
Simple Ichimoku trade with well defined rules :

- Below 50 & 200 MA , in both 4HR and 1D
- Below Kumo Cloud
-.Retraced 23.6 from last drop

SL above 0.7315 , with a target around 0.70

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
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UPDATE : I´m closing 50 % of the position and remaining to B/E
UPDATE : Move stop to 0.72 to lock 20 pips profit
Looks good - thanks for the share.
Realisto_FX PRO andrewmiller
Yes, it seems so, however it needs to break down the channel . Cheers mate, good luck

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