Aqua_Trader
Long

GBP/USD - EYEING THE 1.4100?

FX:GBPUSD   British Pound / U.S. Dollar
Price looks like it has some more upside momentum for one more push. Will be looking for an entry after a Higher High/Close (preferrably Engulfing )

For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Entries, targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.


Mar 19
Comment: exactly what was needed to be seen
Mar 19
Comment: worked like a treat
i think its a downtrend forming and my main target will be 1.37970 and 1.37046 and if it happen to break 1.37046 and retest that level we going long
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Aqua_Trader MathebaneRasXichavo
@MathebaneRasXichavo, appreciate your comment, and good luck with your trade :)
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