Buying bounce off 20DMA then selling a break of it Short

FX:GBPUSD1D

British Pound/U.S. DollarFXCM

Description

⋅ Jul 1, 2015 1:21 PM

Good luck!

Comments

Mokonomo

⋅ Jul 1, 2015 1:32 PM

The idea is to buy the first piercing of the DMA and holding it for 5 to 20 mins possibly for a retest of the upper structure marked in yellow and then closing out. Waiting. And selling the sustained break of the 20DMA.

forexvnn

⋅ Jul 1, 2015 1:22 PM

No buy today