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FXshf
Oct 7, 2015 9:49 PM

£$ Long Long

British Pound/U.S. DollarFXCM

Description

Last two trades haven't gone to plan but with good R:R we have lost minimal and move on.

Pound gained some strength in a risk on scenario for the dollar.

I am already in a long but will wait for a potential retracement down into the red zone which I believe to be an institutional buy area . This is most likely to happen early London session.

Targetting 1.548 whilst scaling in and out at intermediate resistance areas.
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