SMPTrader
Long

Possible GBP/CHF Long Position!!

FX_IDC:GBPCHF   British Pound / Swiss Franc
SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


SMP Strategy

Market Direction: Long Position

Chart time frame - H4
Timeframe - 2-3 Days

A – Activating Event
Market will meet resistance in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 1.21
C - Fundamentals that may affect the pair
N/A
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss@.....
Target 1 @ 1.21
Target 2 @ ....

Risk/Reward @ 1.5.1

Happy trading :)


Follow your Trading plan, Remain disciplined and Keep learning !!


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!

Comments

here is what I have on GC based on different timeframes
Reply
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