We have a nice down move in the GBP pairs, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR.
Entry = 1.8200
Stop =1.8220
Risk = 20 pips
Profit target = 1.8140
Reward = + 60 Pips
RRR = 3-1
* understand that this entry is based on a moving Average, so it will...move. I will update before it is triggered.
**Once this trade is up + 25 pips, move your stop to breakeven and let it run
Entry = 1.8200
Stop =1.8220
Risk = 20 pips
Profit target = 1.8140
Reward = + 60 Pips
RRR = 3-1
* understand that this entry is based on a moving Average, so it will...move. I will update before it is triggered.
**Once this trade is up + 25 pips, move your stop to breakeven and let it run
Trade active
This trade has been triggered and is now Active :)Trade active
Trade is + 30 I am moving my stop to flatTrade closed manually
Going to close here + 38 Pips as I am not liking the wicks for the last 4 candles. Banking the profit :)
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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.