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Feb 27, 2017 1:07 PM

Connors' Price Action Analysis // GBPUSD Long Long

British Pound/U.S. DollarFXCM

Description

Hi traders.

GBPUSD is currently forming a strong short near the 24128, its very likely expected to stay LONG for the next 3 or 4 hours, which can make us profit between 140-170 pips, because thats what I aim for. I care about pips, not profits as most traders do. Its what brings me money in long term.

I will be updating this chart as time goes by. It'll surely be a good trade. Stay tuned!

Trade active

0.2 micro-lot open at 24127.

Comment

That Durable Goods event did the trick. +1 it or leave it!

Trade closed: target reached

150+ pips earned.
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