GBPAUD H1/M15 - longe based on correction move - KISS Long

FX:GBPAUD15

British Pound/Australian DollarFXCM

Description

⋅ Jul 16, 2015 7:56 PM

KISS - keep it simple. Aggresive entry based on

overbalance (green box)
close to S/R
close to uptrend bottom channel line

Price behaviour was confirmation. And little later stop loss was moved to BE (breakeven) to have free ride :)

correction

Comments

leszekstanislaw

⋅ Jul 17, 2015 8:10 AM

50% of trade closed, as actually we are close to TP. SL is still on BE. Rest of trade - TP moved to 2.1215. Let us see.

leszekstanislaw

⋅ Jul 17, 2015 10:12 PM

Did against my plan - which was OR BE or profit for other 50% at 2.13. But when price fall down just before news from USA, closed trade. And when I closed, it immediately reversed.

Again and again - PLAN YOUR TRADE, TRADE YOUR PLAN!!!