GBPSGD Position trade
-21 Week ascending triangle
-Intraday breach of 1.833 which has proved a significant level
-Favorable R/R with stop set as intraday swing level
-Measured move up to 1.925
40 basis points intraday
An additional 40 basis points if R/R remains favorable
*Not investment advice*
-Intraday breach of 1.833 which has proved a significant level
-Favorable R/R with stop set as intraday swing level
-Measured move up to 1.925
40 basis points intraday
An additional 40 basis points if R/R remains favorable
*Not investment advice*
Note
Order filledPrice is meandering around boundary and did not see acceleration, feel no need to add another 40 basis points at this point
Note
Shaving down risk from 40 to 30 basis points which equates to the low of the previous dayNote
Stopped out, watching for 2nd attempt long. Wouldn't of taken a loser home over the weekend anyway
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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.