Update: Closed all position at 1.5560.
Profit =
0.8 lot x -40 = -$320
0.2 lot x +10= $20
Total= -$300
New Balance ~ $28 000
===========================================================================
Trade 17: Long GBPUSD @1.5600
Trade Status: Active
S.L @ 1.5515
T1 1.5730
T2 1.5900
Balance= $28 297 Position size = 0.8 lot ~ 2.5% risk of capital
===========================================================================
Reasoning
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Wish me luck and best of luck for everyone.
For Trades rules and guidelines follow this link
My best regards
Technician
Subscribe to my trading portal thefxchannel.com
Profit =
0.8 lot x -40 = -$320
0.2 lot x +10= $20
Total= -$300
New Balance ~ $28 000
===========================================================================
Trade 17: Long GBPUSD @1.5600
Trade Status: Active
S.L @ 1.5515
T1 1.5730
T2 1.5900
Balance= $28 297 Position size = 0.8 lot ~ 2.5% risk of capital
===========================================================================
Reasoning
- 50-days and 200-days averages breakout
- Trend line break
- Long-legged doji low suggests potential support
Don't forget to click the Thumbs Up
Wish me luck and best of luck for everyone.
For Trades rules and guidelines follow this link
My best regards
Technician
Subscribe to my trading portal thefxchannel.com