DACapitalTrading
Long

GBPAUD - SWING - 10. AUGU. 2020

FX:GBPAUD   British Pound / Australian Dollar
Welcome to our weekly trade setup ( GBPAUD )!

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1 HOUR
Bullish price action this week.

4 HOUR
Overall bullish market expecting another push to the upside!

DAILY
Great long entries and price action!

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FOREX SWING
BUY GBPAUD
ENTRY LEVEL @ 1.82410
SL @ 1.81530
TP @ 1.83760
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)


Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!

ALAN
Trade active
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Trade closed: stop reached: Closed with -90 Pips (-0.5%)
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Comments

Few green numbers on pound news this morning should push it to target
+1 Reply
@wallychops, yeah lets see :)
Reply
@wallychops, all the best
Reply
wallychops wallychops
@DACapitalTrading 2 pips away from my target and it decides to go on a stop hunt :(
Reply
wallychops wallychops
@DACapitalTrading just close it at 1.8230 it was my original target hope it hits yours to
Reply
wallychops wallychops
@wallychops 1.8330 sorry not 1.8220
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A great example of patience. Nice one Al, hopefully pushes on to target now.
+1 Reply
@wallychops, Thank you, all the best!
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@wallychops, whats your view?
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wallychops wallychops
@DACapitalTrading I was originally trading it on the 3H timeframe in a simple flag structure 1.8237 / 1.8247 range hoping for the same amount of pips into the flag out the other side. Target was about 90 pips at 1.8338 area. To be honest it August middle of summer so slow at the moment and I think from now it will range between 1.8244 and 1.8280 area untill the big Aussie news on Thursday
+1 Reply
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