InsideMarket
Short

Trade #5 GBPAUD - Pound corrects against the Aussie.

FX:GBPAUD   British Pound/Australian Dollar
Aussie bends pound below daily and hourly trend lines .

The breakout of those trend lines coincide both at the same level.

___________________
Money management of my trades. There are two targets: the first one is at least double of the target two (the farthest). The proportion is 2/1. So, 2 lots for target one and one lot for target two.

Typically, when the target one is reached, the stop-loss of position for target two is put to breakeven.

If target one is hit before opening positions, the trade is cancelled automatically.
WOW! Look at the volatilty during the night!

At least those radical moves came for the better.
Reply
lookin D1 chart
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out