Daniel.Dalo
Long

GBPUSD - Demand levels

FX:GBPUSD   British Pound/U.S. Dollar
89 4 1
Short term demand levels. The one I am interested is the level between 1.6157 - 1.6175, because it had a very nice departure and a RR of 2:1 for our initial target.

Good luck!
that what I want to see, I am long gbp... there better be some demand there!!! or else I might bag a loss
+1 Reply
Daniel.Dalo dionvuletich
I think the first demand level marked should hold in case price drops a bit, so I hope it works out for you and I will get in long when it reaches that level. Good luck mate!
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it's no really my style of trading, but i like it. not that i will try this system, but as far as i can see you can easily pick a quick scalp there with rsi and these demand levels.
+1 Reply
Daniel.Dalo MinervaFX
Thanks! I am currently testing this system as it seems to have a very good edge, but I'm still looking forward to making it a nice profitable system.
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