TradingView
SMPTrader
Apr 6, 2020 12:51 PM

Possible GBP/CHF Long Position!! Long

BRITISH POUND / SWISS FRANCICE

Description

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 !!


Please Follow, Like,Comment & Follow :)


This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Comments
transparent-fx
here is what I have on GC based on different timeframes
More