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AGold54
Nov 19, 2019 3:23 AM

GBPAUD Post news trade set-up + 77 Pip Potnetial Long

GBP/AUDOANDA

Description

We had a good push up on the AUD Monetary Policy meeting minutes and this pair has now gone into a consolidation between 1.90811 (High) and 1.90586 (Low). Moreover, it is now Above the Daily 60 and 15 clouds, as well as the Daily KS, 60 KS and 15 KS
Entry = 1.9059
Stop = 1.9039
Risk = 20 pips
Profit target = 1.9136
Reward = 77 Pips
RRR = 3.85-1
Once this trade is up + 20 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

Trade active

This Trade has been triggered and is now Active :)

Trade closed: stop reached

Unfortunately this one did not work out.
Comments
FX_Mendez
Hi Mr. Gold
Would you leave this trade open overnight? and if so does that mean adjusting the take profit or leaving as is?
AGold54
@FX_Mendez, I would leave the trade parameters the way they are but really need to have a way to move the STF once +20
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