gbpusd
Updated
ok , this is what I call b set up not my A+ set up .
it is risky , I usually like to trade with overall trend which is bullish in this case .
1_ before the price can make its way up from a bull flag forming it needs to grabs liquidity or any Gaps fvg left behind , in this case because we using of fibs for discount price , this entry already in profit . ( I just start posting here next time I will put the set up before it gets trigger .)
2 reason why I am believe is going to make new lows is because we can see how much is struggling to break the highs and giving us to long wick , buyers is getting week on that zone .
I will post the update win or lose . this set up is 1:4rr . we want make sure out rr is healthy as you know is forex we encounter losses but as long our winner are good runners and comes very often should be in good shape .
enjoy make sure to show some love on this publication , leave comments if you have different ideas.
it is risky , I usually like to trade with overall trend which is bullish in this case .
1_ before the price can make its way up from a bull flag forming it needs to grabs liquidity or any Gaps fvg left behind , in this case because we using of fibs for discount price , this entry already in profit . ( I just start posting here next time I will put the set up before it gets trigger .)
2 reason why I am believe is going to make new lows is because we can see how much is struggling to break the highs and giving us to long wick , buyers is getting week on that zone .
I will post the update win or lose . this set up is 1:4rr . we want make sure out rr is healthy as you know is forex we encounter losses but as long our winner are good runners and comes very often should be in good shape .
enjoy make sure to show some love on this publication , leave comments if you have different ideas.
Trade closed manually
break even trade , I always put my stops at break even once I reach 1 rr in profit , I got make sure I talk about risk management more on this platform .notes: with my style trading that goes for big winners like runners is import to minimize the losses to gives us more edge
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