GBPAUD - LONG ORDER
New Year, New motives: Aiming for an emotionless trading year.
- Money Management
- Strategy Play
- Discipline
- Patience
GBPAUD: SETUP
- Waiting for MA40 to cross back above MA60 whilst above MA100 for long orders.
- MA40 to test for support again.
Rules: Long
1. MA40 above MA60 whilst above MA100
2. Price must cross MA40 from below
3. Test MA40 for support
4. Create bullish 4H candle after test of support
Entry: Enter Long on close of 4H Bullish candle
SL: Set below Bullish 4H conformation candle
New Year, New motives: Aiming for an emotionless trading year.
- Money Management
- Strategy Play
- Discipline
- Patience
GBPAUD: SETUP
- Waiting for MA40 to cross back above MA60 whilst above MA100 for long orders.
- MA40 to test for support again.
Rules: Long
1. MA40 above MA60 whilst above MA100
2. Price must cross MA40 from below
3. Test MA40 for support
4. Create bullish 4H candle after test of support
Entry: Enter Long on close of 4H Bullish candle
SL: Set below Bullish 4H conformation candle