We have a nice up move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR.
Entry = 1.7074
Stop = 1.7054
Risk = 20 pips
Profit target = 1.7134
Reward = + 60 Pips
RRR = 3-1
**Once this trade is up + 25 pips, move your stop to breakeven and let it run
I would appreciate if you leave a comment or like as a thank you
Allen
Entry = 1.7074
Stop = 1.7054
Risk = 20 pips
Profit target = 1.7134
Reward = + 60 Pips
RRR = 3-1
**Once this trade is up + 25 pips, move your stop to breakeven and let it run
I would appreciate if you leave a comment or like as a thank you
Allen
Trade closed: stop reached:
This trade was triggered on a strong down move. Those in the Trade room were able to cancel the trade in time. Whenever, there is a strong push into the MA, need to quickly cancel the pending orders.
Trade closed: stop reached:
To be clear, we will count this as loss here though and I apologize to any who follow me who had a negative result.
Allen
Allen
Trade closed: stop reached:
So the reason for the Sharp down move was the UK's Carney saying...
"Major Central Banks Have Limited Room To Combat Downturn"
Allen
"Major Central Banks Have Limited Room To Combat Downturn"
Allen