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josappe

2019.12.16 London Daybreak Idea GBPUSD

British Pound / U.S. Dollar (OANDA:GBPUSD)  
josappe  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns london daybreak
5
0
trendanalysis chartpattern london daybreak
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 $/€

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