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tntsunrise
Oct 13, 2016 9:15 AM

GBPUSD has touched the 1.618 ext Long

British Pound/U.S. DollarFXCM

Description

GBPUSD has touched the 1.618 ext
and together with the Structure.

Buy GBP now , SL below 1.21

Three TP:
1.2250 1.2324 1.2442

Comment


Within 4 hours, hit TP1
Are u in?

Comment

Sorry, Within 7 HOURS to be accurate

Comment

TP2 Hit

Comment

Just back from a business Trip.
Now what we can do is to set Sl . break even and keep the trade.

Trade closed: target reached

Last position hit break even stop loss. close trade.
Comments
mshuaibi
I dont know after seeing that 1000 pip drop dont think I could trade any GBP pairs unless I short the GBP. I would rather waith to see it at 1.24 to short it
moon2015
Can we have update on this pair Mr.jack
megahawk
Yes Jack I am in this and I am waiting for tp2 and hope tp3,
Your trading ideas help us alot jack I am a big fan of you . I am saving money for your course hope I wil join your group very soon.
Thanks so much jack for your ideas with please keep it up.
Chase4ex
still learning, curious as to why the fib was apparently drawn from the low to the previous high backwards? is that just to get different extensions? i have never seen that before but looks like the trade panned out very well
dinesh26
I'm also confused by this because I see different people drawing it differently.
btM_Afta
Because is a downtrend... and we are going up.
Born_GodSlayer
Its drawn incorrectly in my opinion but if it works for him then hey.
HumairDawood
It's not incorrect, you can look at the chart now and compare it. No one can predict Forex 100% btw! if it was that easy everyone would be earning billions. Jack is a professional and if you see his webinars, he always mentions buy low, sell high! Lose small, win big! (y)
Born_GodSlayer
Its incorrect and doesn't measure the predicted move that he has drawn maybe he used it for something else but in regards to the rally its just not relevant.
gfknn5
welcome back Jack!
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