IvanLabrie
Long

GBPAUD: Downtrend is done

FX:GBPAUD   British Pound/Australian Dollar
3 months ago
We have a good opportunity to go long GBPAUD             with a rather tight stop loss here. Now that RgMov shows us that the trend is up once again, we look to buy on oversold dips, but that might take a while, after this first run up is done and momentum slows down in this pair.

Good luck!

Ivan Labrie.
3 months ago
Comment: 90 pips up, with a 94 pip stop. Looks promising overall.
3 months ago
Comment: If you took the trade, you're welcome.
You can close partially if you want, I'm holding for now.
3 months ago
Trade closed manually: I'm out for now, will reenter after the correction is done.
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803).
gfknn5
3 months ago
Perfect!!!
+1 Reply
IvanLabrie TOP gfknn5
3 months ago
Thanks. You took it?

I moved stop to entry price now and added a bit more near the daily close.
Reply
gfknn5 IvanLabrie
3 months ago
yes , i stickly follow your instruction ^.^

thank you very much for work hard and perfect prediction!!!
+1 Reply
IvanLabrie TOP gfknn5
3 months ago
Thanks for the kind words. Keep in mind win rate for trend following tends to be lower. I try to trade different strategies but I'm mostly trend following. Just a heads up.
Never risk more than 2% per trade, I'd reccomend 0.5-1% (I do 0.5%).
You'll be surprised to see how fast the account can compound when you have a good winning streak trading trends.
Reply
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