I'm just waiting for a little bounce back up before getting involved with shorting
GBPUSD
today. Expecting quite a nice move.
I'm hoping to share more of my methodology over the coming weeks, so stick around if you're interested!
Trade active:
Trade entered.
We got our bounce, now we're expecting some downward movement toward 1.26800
I wouldn't be surprised to see a little further upward movement first, maybe around 1.2775...but this is a good enough entry point for my plan.
We got our bounce, now we're expecting some downward movement toward 1.26800
I wouldn't be surprised to see a little further upward movement first, maybe around 1.2775...but this is a good enough entry point for my plan.
Comment:
US news took out stop loss, but price failed to breach the upper zone of support so I've re-entered the trade at 1.27744 with the same target.
New stop loss is around 1.282
New stop loss is around 1.282
Trade closed: target reached:
Bit of a wobbly journey but that's just the markets. Target reached.
At this point I haven't entered the trade whilst I wait to see what the market does.