After the position before hit the stoploss, I decide to do a stop and reverse on GBPUSD. The price has been break through trendline with a strong solid bullish engulfing candle. So I use market order to execute my buy position immediately, the stoploss is just below the bullish engulfing candle's wick. The target is on the top keylevel (Orange line)
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this is the update. I'm reversing GBPUSD to buy position now
could change with 2 feds speaking, one in 20 mins and another in 2 hours
topimerah
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@ibrar550, it's okay. we as a trader should know it crystal clear that there's no absolute forecast after all, the farthest we can do is using good money management, good risk reward ratio and good lot sizing. Never worried about win-rate, just put your money in amount you can accept to lose.