Technician
Long

(J) Trade 18 : Long After Breakout #forex

FX:GBPUSD   British Pound / U.S. Dollar
Update: Closed all position at 1.5560.
Profit =
0.8 lot x -40 = -$320
0.2 lot x +10= $20
Total= -$300

New Balance ~ $28 000
===========================================================================

Trade 17: Long GBPUSD             @1.5600
Trade Status: Active
S.L @ 1.5515
T1 1.5730
T2 1.5900

Balance= $28 297 Position size = 0.8 lot ~ 2.5% risk of capital
===========================================================================
Reasoning
  • 50-days and 200-days averages breakout
  • Trend line break
  • Long-legged doji low suggests potential support

Don't forget to click the Thumbs Up
Wish me luck and best of luck for everyone.

For Trades rules and guidelines follow this link

My best regards
Technician
Subscribe to my trading portal http://thefxchannel.com
I teach my experience conclusions in 10+ trading strategies. PM me for details and cost.
Re entry is now possible with pullback.
Reply
Technician, why did you close the position?
Reply
Thorm andrein
Just look at the charts. It started to be choppy and ranging. When this happens its same as flipping a coin.
+1 Reply
It's time to stop lose money! What do you think to sell audchf? I believe it will go down very soon.
Reply
Update: Closed all position at 1.5560.
Profit =
0.8 lot x -40 = -$320
0.2 lot x +10= $20
Total= -$300
Reply
It's the time to S.
Reply
InvestorR No_more_Post
S?
Reply
Technician InvestorR
He means stop loss. He is very happy.
-1 Reply
Technician Technician
or maybe short.
-1 Reply
No_more_Post Technician
Yup, If people said S = Stop loss ,I would say I am so surprise.
-1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out