GBP/USD, Sell.

GBP/USD open Sell near 1.2650 - 1.2660

Reasons:

- Daily trend is down
- key level
- Price made a fake broke of it

Also, as I promised once before After 100 like I will write, when is the best to open a position with (Stop loss and Take profit points)

S/L: 1.2680
T/P: 1.2525
T/P: 1.2485

Commento:

The main reason why i opened sell it is the price made fake broke of the powerful daily level.

Risk 25 pips. Potential profit in 5 - 10 times bigger.

Trade attivo:

I opened Sell

USE proper risk management Less than 2% of capital/ per position. Because everything can happen - it is trading

Commento:

If the price will break down 1.2651 and M30 will close under it. That will start the powerful down move.

Trade attivo:

Selling rally started

Commento:

40 pips done

Commento:

Daily candle closed under key level 1.2662 it is a great signal that the price can make that power down move.

you Still can ope sell entry near 1.2640 - 1.2650

S/L: 1.2680
T/P: 1.2525
T/P: 1.2485

Daily chart:

1- hour chart:

Commento:

Close 30 % of positin to resuce risk

Trade attivo:

The best place to open Sell is now because the risk is 30 pips only.

IF you didn't open Sell you can do it NOW.

Commento:

02:54

Trade chiuso: stop raggiunto

Commento:

GBP/USD close above key level

Intrader traders you can open buy with low risk.

Commento:

If 12 hours candle will close under key level i will reopen Sell entry

Trade attivo:

Reopen Sell entry on GBP/USD

S/L: 1.2687
T/P: 1.2525
T/P: 1.2485

Commento:

The price is forming double high
It looks that Sell rally can start so soon

Commento:

If 1-hour candle will break the upward line and H1 will close under there will be big potential for a Middle - term down move (200 -300 pips)

Commento:

The price moved down 80 pips from the entry point. Hold it till Take profit.

Commento:

100 pips done

I hold position till take profit.

you can close 20 - 30% of position to reduce risk.

Commento:

i still hold Sell position

03:15

Trade chiuso manualmente:

Half of the position get 120 pips
2nd part close at breakeven