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GBPUSD Buy Idea
British Pound / U.S. Dollar
Long
GBPUSD Buy Idea
By Mohamed_Kabesh
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Updated
Dec 11, 2018
9
Dec 2, 2018
GBPUSD Buy Idea @ Monthly Demand Zone (1.2539 - 1.1959)
Buy Limit: 1.2549
Stop Loss: 1.1902
Take Profit: 1.3631
Expiry 1 month
Risk Management = 0.01/$100
Recommended Leverage not to exceed 1:50
Recommended Risk Ratio 1:1.5 – 1:3
Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level
Close partially the contract once it reaches 80% of the profit
Dec 11, 2018
Trade active
Dec 14, 2018
Trade closed manually
Close with the current profit
GBPUSD
Supply and Demand
Mohamed_Kabesh
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All the Best
M.K
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