LeoYao
Long

Long GBPCHF On Daily Chart

FX:GBPCHF   British Pound/Swiss Franc
1477 15 34
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.
Comment: almost hit the yellow zone. Wait and see.
Comment: trade active on 1.373
Comment: add one more trade on 1.36 as i were trading a small lot size because of the big SL range.
Comment: today hit 1.373 till now, the trade 1.373 no win no loss currently, the trade 1.36 win 130 pips.
Comment: today hit 1.38, 2 positions 270 pips earned.
Comment: Today hit 1.40660, 2 positions 802 pips u can earn
Comment: hit 1.41582, 2 positions u can earn 986 pips
Comment: 1.42854 hit, 2 positions 1246 pips.
Comment: hit entry, out
Hi Leo Yao
How long do you think it takes to reach support level?
Reply
LeoYao walgharib
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
Hi leo please update on this?
Reply
LeoYao Roncriss
Yes I will update all ideas this weekend like a overall review
Reply
I am in this one. Just entered . Thanks Leo
Reply
LeoYao forexmech
no problem.
Reply
how much u used SL ???@leo yao
Reply
LeoYao prince125700
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
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
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
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
Is this setup greatly influenced by the results of the Brexit referendum?
Reply
LeoYao abail
Yes man, definitely
Reply
abail LeoYao
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
u can take partial and move sl toentry
Reply
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