GBP/USD - Stalking For Long Entry

FX:GBPUSD   British Pound/U.S. Dollar
55 0 1
Ideal levels to get long Pound are roughly 1.5550, 1.5450 and at last 1.5250. Fast moving trends seldom gives you a chance to get in exactly at the level of your desire. So what to do then? Instead of sitting on a fence, we would like to dabble with long near 1.5550 give or take few pips and trade around that level to bring the break-even point down. We will start small but if it establishes there then would be aggressive in position size.

Check out our NZD/USD             trade which has given us 90+ pips so far.

UPDATE: Long entry filled at 1.5555 and taking 50 pip profit here at 1.6000 on partial position. We will keep it tight for the rest of the position and manage it actively in case Carney effect wears out ;)
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out