Due to the elections and the news of 9.30 AM London Time, I will certainly wait until the candle of 10-11 AM (London Time) closes to decide whether or not to join this trade.
46 pips StopLoss for 20 pips TakeProfit is also a bit on the high side.
2019.12.16 London Daybreak Idea GBPUSD
GBPUSD Buy Stop entry 1.33952
SL: 1.33490
TP1: 1.34152 (20 pips)
TP2: 1.34490
GBPUSD Sell Stop entry 1.33490
SL: 1.33952
TP1: 1.33290 (20 pips)
TP2: 1.32940
Risk management max. 3%
SL= -46 pips ==> 0.01 lot per 200 $/€
46 pips StopLoss for 20 pips TakeProfit is also a bit on the high side.
2019.12.16 London Daybreak Idea GBPUSD
GBPUSD Buy Stop entry 1.33952
SL: 1.33490
TP1: 1.34152 (20 pips)
TP2: 1.34490
GBPUSD Sell Stop entry 1.33490
SL: 1.33952
TP1: 1.33290 (20 pips)
TP2: 1.32940
Risk management max. 3%
SL= -46 pips ==> 0.01 lot per 200 $/€
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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.