LeoYao
Long

Long GBPCHF On Daily Chart

FX:GBPCHF   British Pound/Swiss Franc
1476 15 34
6 months ago
Some short term followers told me that my previous analysis of GBPCHF             is good but the timeframe is too long.
So I decide to look further into daily chart .
The yellow zone combines with harmonic pattern could be a good entry level for the people who cannot wait till the black line.

Whatever, the official SL is still below black line. This trade could be a small lot size with huge profit one. Need to pay patience.
5 months ago
Comment: almost hit the yellow zone. Wait and see.
5 months ago
Comment: trade active on 1.373
5 months ago
Comment: add one more trade on 1.36 as i were trading a small lot size because of the big SL range.
5 months ago
Comment: today hit 1.373 till now, the trade 1.373 no win no loss currently, the trade 1.36 win 130 pips.
5 months ago
Comment: today hit 1.38, 2 positions 270 pips earned.
5 months ago
Comment: Today hit 1.40660, 2 positions 802 pips u can earn
5 months ago
Comment: hit 1.41582, 2 positions u can earn 986 pips
5 months ago
Comment: 1.42854 hit, 2 positions 1246 pips.
5 months ago
Comment: hit entry, out

Related Ideas

walgharib
6 months ago
Hi Leo Yao
How long do you think it takes to reach support level?
Reply
LeoYao walgharib
6 months ago
Hi,maybe few weeks? Actually that is not so important. But pay attention if it arrives too late, the pattern may fail with high chance
Reply
Roncriss
5 months ago
Hi leo please update on this?
Reply
LeoYao Roncriss
5 months ago
Yes I will update all ideas this weekend like a overall review
Reply
forexmech
5 months ago
I am in this one. Just entered . Thanks Leo
Reply
LeoYao forexmech
5 months ago
no problem.
Reply
prince125700
5 months ago
how much u used SL ???@leo yao
Reply
LeoYao prince125700
5 months ago
i can teach u in the class if u want. and if u read chart carefully, the simplest SL is already there. u need to learn about how to set correct SL.
Reply
Parama
5 months ago
2 Long positions -> nearly 800 pips
Going to take one @1.414 and let the other run (with SL in profit)

Thank you for the idea! :)
Reply
LeoYao Parama
5 months ago
hi u can just take partial profit at the same and now it's time for u to move SL to entry of course. :) no need to concern any more
Reply
LeoYao Parama
5 months ago
If u want to take my trading class to learn all the skills, plz let me know through leoyaotrading@outlook.com. Since u r in great profit, it's time to equipped yourself with rich knowledge to make more such trades. :)
Reply
abail
5 months ago
Is this setup greatly influenced by the results of the Brexit referendum?
Reply
LeoYao abail
5 months ago
Yes man, definitely
Reply
abail LeoYao
5 months ago
Would you say it is better to close it now with profit and re-enter later or are you safe it wont drop below sl?
Reply
LeoYao abail
5 months ago
u can take partial and move sl toentry
Reply
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