taming_the_mind
Short

Sell at 1.3060 GBPUSD 7/8/2017

FX:GBPUSD   British Pound / U.S. Dollar
Understanding and being picky with your entry level give you a better edge in picking up momentum once your trade is active.

Once we define our direction bias and entry price levels. We can choose to : 1)Directly place pending orders at those levels 2)Place Price Alert Alarm at those levels.

Target Conditions:

-Duration: To stay as long as I can tolerate and stay focus on the original intention. (Up to 10R)
-Minimum Reward: 2R in return.
-Maximum Reward: 10R in return.

-If one particular day have abnormal moving range, we can first take profit at the farthest end first.
(More then 200 pips for GBPUSD )

Patient and Slowly Trailing up Stop only after a new lower high is confirmed here in the case to Sell.
Trade active: sell at 1.3017
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