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UnknownUnicorn163516
Feb 21, 2018 10:56 AM

How do I prefer to trade GBPUSD in a middle term.  Long

British Pound/U.S. DollarFXCM

Description

1. Price is inside of ascending channel, so my position will be long.
2. I don't exclude that price could retest previous high making Double Top pattern.
3. However, I prefer to wait and see if top of a channel will be touched.
4. I prefer to enter from current however the SMA200 on 4h still being untouched so price could falls more.
5. Risk management is always mandatory. Each forecast could be totally wrong. Base only on your own ideas.

Trade active

Trade active

Very good!

Trade closed manually

Poor dynamics. I have closed a trade.

Trade active

Comment

Order cancelled

Trade active

Order cancelled

The dangerous asset. A rigorous risk management is mandatory.
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