MattArmstrong

TRYGBP - Turkish Lira | Great British Pound

Short
FX_IDC:TRYGBP   TURKISH LIRA / BRITISH POUND
I see a trade on this exotic pair. I am highlighting an entry method I use to find entries and exits of sound setup patterns using Japanese Technical Analysis .

1% Risk - 2:1 RR
Comment: See how price has not stopped creeping toward that 50% Fib level. Interesting to see, I have a limit order sitting on that level, allowing the machine to handle the trade, fully emotionally divested.
Trade active: Price just hit the 50% Fib level, I am in a short now. controlled risk. 1% 2:1 RR
Trade closed: target reached: Random pair that worked.
Ideas for EDUCATIONAL PURPOSES ONLY!
I moderate a community of traders, analyzing 24 +/- charts, highlighting areas of interest and probable trade setups.

Discord Channel: Tell the team @ Mayfair Ventures I say hello!
https://discord.gg/JCRQKUHxaC