TimStuyts
Short

GBPUSD trade succesful

FX:GBPUSD   British Pound/U.S. Dollar
241 0 7
Last Friday I posted the scenario's I was looking for regarding GBPUSD            

GBPUSD the scenario


I'm not looking for new daily lows but the structure was perfect for trading opportunities.
The short could be entered after the 2 consolidations. This is what I did and my stops are at Break-Even.

Depending on price action and possible pullbacks I will close these positions but once my website is launched I will elaborate how to trade these set-ups on lower time frames.

Another way is to close the first position since it reached R/R 2:1 which is my minimum but that is up to you and your trade plan.

http://www.timstuyts.com

facebook/timstuyts
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder 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
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out