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SMPTrader
Feb 20, 2019 8:42 PM

Possible GBP/CHF short position!! Short

FX_IDC:GBPCHF240
BRITISH POUND / SWISS FRANCICE

Description

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SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

Chart time frame - H4
Timeframe - 1-2 days
Actions on -
A – Activating Event
Market will meet resistance in zone @1.31 - .... and fall to the @1.286. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 1.286

FX:GBPCHF

Trade Management
Entered @ Sign up for mentoring
Stop Loss @ Sign up for mentoring
Target 1 @ 1.286
Target 2 @ ....

Risk/Reward @ 3.1

Happy trading :)


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Chart PatternsTrend AnalysisTechnical IndicatorsGBPCHFgbpchfshortpositionspositiontrade4hrcharttradingview
Comments
BTM-Trading
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ive seen all of your ideas of the past two months. I like your way of thinking. Keep the good work going!!
SMPTrader
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@BTM-Trading, Good afternoon, Many thanks for your kind words. Remaining positive and following my rules :). How are you going with your trading?
BTM-Trading
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@BenWright21, ive started with one strategy, months before i used to use diffrent kind of strategy. That lead to alot of problems. But thanks everything is going good now!!
SMPTrader
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@BTM-Trading, Excellent well done !!
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