Entered long as MA crossover, Stochastic between 50-80
Using Fibonacci set entry/ exit points. Open second position when first target in reached.
1st position - Take Profit: 1.10213
Stop Loss: 1.09543
Risk-to-reward ratio: 1:1.43
2nd position - Take Profit: 1.12141
Stop Loss: 1.09832
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Entered GBP/USD long as MA crossover, RSI over 50.
Used fibonnaci to set entry and exit points.
Take Profit: 1.22712
Stop Loss: 1.21811
Risk-to-reward ratio: 1:2.6
MA crossover.
RSI above 50.
Using Fib retracement it hit 61.8% before ranging between 50% and 38.2%.
Take profit: 1.09463
Stop loss: 1.08964
Reward-to-risk ratio: 1:1.48