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JeevanKapaganti
Nov 2, 2015 4:42 PM

My TradePlan on GBPUSD. Short

British Pound/U.S. DollarFXCM

Description

I am a bit late on Publishing. But, this is my trade plan on FX:GBPUSD for this month (at least next 2 weeks).

You know already that I believe in Psych levels, but alone psych levels are not helpful but with divergence is high potential.

I have two major positions, I would like to take:
1. Cypher Pattern currently formed at Psych Level @ 1.55
2. Gartley Pattern on a Long Term Trend Line

We will have couple of other positions in between anyway depending on the structure.

Happy Trading.

Regards,

Jeevan. K

Trade active

Target 1 Reached. Stop moved to BE. Waiting for Target 2.

Trade closed: target reached

Boom. Target 2 Reached.
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