GBPUSD...all the kings horses.

26 giu 2023

Looks like a nice 50 PIP move to the downside. Entry , stop , TP are marked on the chart.

I am using a proprietary trading method for this.

This is a test trade using said method.

Good Luck.

26 giu 2023

Trade attivo

Off to a good start.

26 giu 2023

Nota

Gorgeous, on our way to Take Profit. New Method = 1, Market = 0.

Cheers!

26 giu 2023

Trade chiuso manualmente

We wanted 50 PIPS, she gave us 43.

Im not mad at her.

On an hourly chart, you would refer to the 5M for reversal confirmations. We had some bullish action after the plunge so manually closing is always better than watching your profit dissipate.

Another option would be to set your SL in profit and wait it out but being within 7 PIPS of target, I dont see the value in holding it for another undisclosed amount of time.

Rinse and Repeat. Back later with another from the New Method.