Kunta_kinte

CABLE LONG-RANGE PLAY??

Long
Kunta_kinte Updated   
FX:GBPUSD   British Pound / U.S. Dollar
USE PROPER RISK MANAGEMENT...
Trade closed: stop reached:
Price eventually reached for my target but took out our stop loss.
Comment:
Do we have to trade without a stop-loss?
Comment:
No, make sure you manage risk and preserve capital.
Comment:
Still was range play,Price simple went for the bottom of the range and its liquidity and then the top of the range.Easy to explain the left side of the chart,Isnt it?

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