Anywhere supply or demand, but the price I prefer is where the risk is low.
SL to BE 0Pip ============================================================================================ Order Active ============================================================================================ Pending L GBPUSD, Demand zone, Fibo 23.6%, channel support. RRR = 1:2
SL -30Pips ============================================================================================ L at Channel Support in up trend.
SL -20Pips ============================================================================================ Short term S, RRR = 1:2
Manual closed -20Pips ============================================================================================ Sell, Continuous drop - pause and possible to drop more. RRR 1:2
Total profit +37(Manual) +100(TP) + 100(TP) / 3 = +79Pips ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Edited 2/3 of positions , Extend TP to 1.0990, Trailing SL to BE. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Closed 1/3 of positions +...
SL -30Pips ============================================================================================ Sell @ supply zone RRR 1:2
SL -30Pips ============================================================================================ Sell in downtrend and pull back, RRR = 1:2
Summary 90 + 51 = 141 Pips average profit =141/2 = +70.5Pips ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Another 1/2 Position, I put SL @1108.5 SL +51Pips, ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Closed 1/2 ...
Manual Closed +35 Pips 1/2 position , SL to BE 1/2 0 Pip, Total P/L 17.5 Pips ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Updated Trade is active ============================================================================================ Pending order S @1.0860 RRR = 1:2.5
SL -40Pips ============================================================================================ L at demand zone, RRR = 1:2
Manual Closed +31Pips ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Sell again, due to the price move very weak in upside, not easy the break out the resistance.
TP Touched +71Pips 50% of all positions manual closed , +30Pips 50% of all positions. average gain = 71+30 / 2 =50.5 Pips ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Short, GBPJPY RRR 1:1-2 Momentum not strong enough to break the resistance,
The price stuck at resistance again,Manual closed +27 Pips , ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Long position active ********************************************************************************************************************************* Pending order Long @1.5580 SL -31Pips TP+62Pips RRR ...
Updated SL -32Pips ============================================================================================ -Demand zone -R:R 1:2
Updated TP + 70Pips ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Sell , strong bearish momentum.