WilliamFiltzpatrick
Short

gbpaud quick short with good risk-reward

FOREXCOM:GBPAUD   British Pound / Australian Dollar
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4
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Quick short with beautiful r/r ratio...
Dec 21
Trade active
Dec 21
Trade closed: stop reached: BE SL hit...
Already dropping!
Reply
@jagzo, Britain got some "good" news, so it bounced close to my SL... Trade still active, will see what is next... :)
Reply
jagzo WilliamFiltzpatrick
@WilliamFiltzpatrick, do you think it will be dropping to 1.76 area
Reply
@jagzo, Yes, it is very probable, that is why I would leave 50% with BE stop-loss...
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@WilliamFiltzpatrick, good to hear from you again William. Looks like a nice set up:)
Reply
@miket56, Been away for a while now, but hopefully I will be back to trading now... Thank you Sir for your kind words, it is appreciated... :)
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miket56 WilliamFiltzpatrick
@WilliamFiltzpatrick, Can't win em all. The AUD isn't in a good place at the moment. It seems to have a run up every now and then, but then falls over. Keep up the good work. I like your charts on Oil and DJ too. Big opportunities in the air if we can capitalize on them.
Reply
@miket56, Yeah, that is why I always move the SL to BE after few pips in profit... Sometimes it plays out nicely, sometimes the SL is hit too soon, but... :) ...and yeah, the whole market is about to be upside down soon, we have to find our spot and take some profit. Cheers, thanks. :)
Reply
miket56 WilliamFiltzpatrick
@WilliamFiltzpatrick, that's interesting that you say you move to BE soon after you're in profit. So many times, it will move in the right direction only to reverse for a loss. It's annoying to get it right but still lose in the long run. Being in Australia, the biggest moves are often while I'm asleep. Thanks for your input.
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