Price is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. Entry = 1.9201 Stop = 1.9176 Risk = 25 pips Profit target = 1.9276 ( The projected daily high ) Reward = +75 Pips RRR = 3-1
I would appreciate if you leave a comment or like as a thank you Have a great week ! Allen
Trade active
This trade has been triggered and is now Active :)
Trade active
This trade is up + 30 pips, I am going to bank 1/2 of my position and move my stop to flat. :)
Trade closed manually
This trade is up +66 Pips. I am going to close the remaining 1/2 of my position :)
Trade closed manually
Interesting and important point. Usually I only take/post 1 trade set-up per day. Today I posted 2. While this trade ran perfectly. The other (GBPJPY) got stopped out. Even with the loss I ended up banking 2.54% for the day. That is the benefit of having a good RRR comes in.
Moreover, clearly the GBP was surging and I should have listened to what the market was telling me...don't sell GBP. So the loss could have been avoided...
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