Still enough room to trade...

FX:GBPUSD   British Pound / U.S. Dollar
397 15 11
We are now making a triangle so the expected profits are getting lower
But still there is enough to trade next week

These are my trading ideas and opinions. You can adjust them as you like.
Trade smart and make it fun

Please follow, comment, and like Good luck
Order cancelled: I cancelled this trade because we have moved too far forward thus increasing the stop loss value too much and decreasing our potential profit.

Once things are clearer, maybe we can play this as a breakout trade but for now I'm out

Let's wait and see

Good luck
Where did you learn to do the triangle, I don't see any MTF or anything on this line?
What is MTF?
jarvisteam Ichimoku_Trader
Multiple Time Frame
Sorry, I still don't know what you mean by your question
jarvisteam Ichimoku_Trader
You mention "the triangle" and you drew triangles there, I can't tell how you came up with triangles, what are you pulling from? It looks like you pulled the high and the low, but I can't tell how you came up with the triangles.
I took the daily high and low for the past 2 days the first day and the inside day

Good luck
jarvisteam Ichimoku_Trader
So I see that - that one was easy (the high and the low), but where did you get the angle of the triangle?
well I used the high of the first day with the high of the second day so that gave me an angled line
then I did the same on the bottoms and that gave me another angled line

I hope it's clear now
jarvisteam Ichimoku_Trader
I'm still a bit confused, but that's OK, I so appreciate the help. Do you have a book or site or something you recommend?
I recommend you read my stuff here and follow my trades and ask me CLEAR Q's

Good luck
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