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AGold54
Feb 6, 2020 6:42 AM

GBPAUD SS Short + 198 Pip Potential Short

OANDA:GBPAUD15
GBP/AUDOANDA

Description

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Price is below the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR.

2 Potential entries. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position.

PB Entry = 1.9261
Stop =1.9286
Risk = 25 pips
Profit target = 1.9063 ( The daily projected low )
Reward = 198 Pips
RRR = 7.92-1

BO Entry = 1.9183
Stop = 1.9208
Risk = 25 pips
Profit target = 1.9063 (the daily projected low)
Reward = 120 Pips
RRR = 4.8 - 1

I would appreciate if you leave a comment or like as a thank you

Allen

Trade active

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This trade has been triggered and is now active :)

Trade active

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Closing 1/2 the position here at the MA for +25 pips. STF

Trade closed manually

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Going to close the remaining 1/2 here at 1.9195 for +66 on this 1/2

Comment

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Here is the documented Trade:

Support and ResistanceMultiple Time Frame AnalysisTechnical Indicatorsthegoldmethodichimokuichimokukinkohyoichimoku_traderbreakouttradingGBPAUDGBPaudjustwin
Comments
fxfxfx
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still holding here.. two positions, great entry sir!
AGold54
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@fxfxfx, Glad you liked it but don't hold it too long. I am not a big fan of holding trades after 4 pm GMT
fxfxfx
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@AGold54, and I walked away empty handed. SL hit and closed at BE during the night :(
MissLenoir
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Great analysis !!!! Good luck !
Thanks for sharing !
AGold54
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@MissLenoir, your welcome :)
fxfxfx
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watching this setup!
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