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microfx
May 26, 2021 11:02 AM

BUY GBPUSD? Long

British Pound/U.S. DollarFXCM

Description

SWING TRADING JOURNAL

I'm bullish for GBPUSD and this is my plan

I will;
BUY GBPUSD somewhere at Green Box (try to buy as low as possible)
SL BELOW Red Line
Final TP at Blue Box

Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing stop
5. Re-entry if bullish structure still valid
6. etc

No Profit Guarantee, Good Luck!
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