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UnknownUnicorn163516
Feb 15, 2017 5:54 PM

GPBUSD: Superb enter point in my opinion (HIGHEST RISK TRADE!!!) Long

British Pound/U.S. DollarFXCM

Description

I believe in 1.32 level and there is just a question of timing for me. I have opened a trade. However, this trade is highest risk one. If you trade Forex with huge margins, be prepared for great losses if unexpectedly price drop till 1.0-1.12! Calculate RR ratio many times before open a trade. Not for those who just started to trade! Not repeat others (also mine) ideas, always make your own analytics and risk profile.

Comment

There is risk of decline till 1.238. Be carefully if you have opened Long position. However, huge rise could be rush and unpredictable, so not recommend to open shorts.

Trade active

Trade active

I have return Longs. However next week probably brings us 1.22 (Monday?) or even 1.12. Not a good decision to have Longs right now. However, I do. Heavy shorts while price is below an orange line.

Comment

Have closed a trade. Don't like a dynamics. Going to reopen it later probably. Be carefully here.

Order cancelled

Order cancelled

Trendline was broken. Down, probably.

Order cancelled

The dangerous asset. A rigorous risk management is mandatory.
Comments
Skinwah
Good work. I will watch that 132 for a sell
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