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timmynorin
Mar 13, 2017 7:02 AM

GBPUSD - Buying signals Long

British Pound/U.S. DollarFXCM

Description

GBPUSD giving buying signals after struggling at 1.2150 and failing to close below.

Targetting 1.2300 before looking for bearish confirmation again.

Entered first position at 1.21870

Trade active

Half way to target - Booked part profit and moved stop loss to break even.

Trade closed: stop reached

Remaining position stopped out at break even. Even though we are at a good position to fill up, I'm not entering USD trades with regards to tomorrows news.

Currently active: AUDCAD, EURJPY

Comment

Initial target 1.23000 has been hit - beautiful
Comments
rogerlisa
Hello. Great spot that. New to trading, but love it.
timmynorin
@rogerlisa, thank you for commenting, and welcome to trading then. :)
ernstschwarz
totally agree. but on the other hand this looks somehow to obvious
timmynorin
@ernstschwarz, we have tons of news coming this week, market could be a trickster!
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