GBPUSD - Short Setup - Maybe BOE is the trigger - Price Action
" Chance favors the prepared mind" - Louis Pasteur
We are up over 1000 pips on GBPUSD this year and I hope everyone has been enjoying what I call Stress Free Trading.
Price Action is King!!
I am looking at a short setup on GU for the Bank Of England meeting 2mrw, I have a small aggressive entry from yesterday but my terminal is littered with limits at and just above 1.3250.
Remember risk management and protect your capital, we have had a great time on this pair but we don't want to give away our earnings on one day, I plan to expose only 2% of my capital.
Enjoy the rest of the week. P.S I have closed the previous buys and I recommend that everyone takes a bit off the market and enjoy the fruits of their hardwork.
Mutondi
We are up over 1000 pips on GBPUSD this year and I hope everyone has been enjoying what I call Stress Free Trading.
Price Action is King!!
I am looking at a short setup on GU for the Bank Of England meeting 2mrw, I have a small aggressive entry from yesterday but my terminal is littered with limits at and just above 1.3250.
Remember risk management and protect your capital, we have had a great time on this pair but we don't want to give away our earnings on one day, I plan to expose only 2% of my capital.
Enjoy the rest of the week. P.S I have closed the previous buys and I recommend that everyone takes a bit off the market and enjoy the fruits of their hardwork.
Mutondi
Comment:
Trade got activated. Apologies for late comment
Comment:
+450 pips
