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RiccardoAnnoni
Apr 23, 2015 8:55 PM

GBPUSD one way or another 

British Pound/U.S. DollarFXCM

Description

Dear traders,
let's wait and see how GBPUSD will behave at 100SMA resistance and round number 1.52
Then please, consider to apply this algorithm:
  • On a DAILY CLOSE above 1.52 let's enter LONG targeting 1.56 which will also be so near the 200SMA.
  • On a resistive candle that close below 1.50 let's enter SHORT targeting 1.48 and then 1.46. I mean, close half position at 1.48, move stop loss to break even and be ready for 1.46.


Cheers
R
Comments
RiccardoAnnoni
I'd love to be buyer above 1.52 :-)
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