AGold54
Short

GBPAUD SS MA Short + 60 Pip Potential

OANDA:GBPAUD   British Pound / Australian Dollar
We have a nice down move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR .
Entry = 1.8050
Stop =1.8070
Risk = 20 pips
Profit target = 1.7990
Reward = + 60 Pips
RRR = 3-1
**Once this trade is up + 25 pips, move your stop to breakeven and let it run
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
Sep 02
Comment: This trade is for GBPAUD, not GBPCAD. Not sure why it posted the split screen.
Sep 02
Order cancelled: Since this trade has not been triggered and their is no US Session today, this trade is cancelled.
Thanks to your comments in the Apiary interview I watched the GBP pairs more carefully today and will continue to do so in the future. Best win was on GBPAUD entry 180786 exit 180048 on trailing stop for 73.8 pips. I am in Gold 1 at Apiary just trying to get my consistency and up scratch. Hope it pulls back to your entry price so that I can get another bite at the trade.
+1 Reply
@MGeo21, Nice job :)
Reply
Is there a time or level where this trade gets invalidated and therefore cancelled?
+1 Reply
AGold54 danielem
@danielem, Yes that would be right now, since there is no US Session and it is now 8:15 am est., I am cancelling this trade
Reply
Thanks for the idea
but it is going to pull back and moving downwards again right?
+1 Reply
AGold54 ahmadmaishanu30
@ahmadmaishanu30, that is the plan.. Price pulls back to 1.8050, we enter short, it moves back down to 1.7990, we close, bank the profit..go to the beach :)
Reply
@AGold54, haha thanks
Reply
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