Anticipating the pair to get moving with the LSE open when all the volume will be coming in.
E: 1.1865
SL: 1.1820 (45 PIPS)
TP: 1.1970 (105 PIPS)
RR: 2.33
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
E: 1.1865
SL: 1.1820 (45 PIPS)
TP: 1.1970 (105 PIPS)
RR: 2.33
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Note
Adjusted 1st TP can be set at 1.1925Note
finally breaking the highs of the TSE rangeNote
TP1 Hit beautifully! Will reconsider reopening another position for the 2nd targetNote
I have decided I will not re-join for the 2nd target. Doesn't look like it will be headed there so calling it a day.See you in the next trade tomorrow.
Trade safe everyone.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.