PathaanKhan

GBPUSD - BUY OPPORTUNITY

Long
PathaanKhan Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Looking to BUY GBPUSD in BUY AREA, targeting TP AREAS. (30+ PIPS)

ENTRY CRITERIA:

1. Enter on signs of reversal, price action
2. Do not enter if price breaks through buy area with strong bearish momentum

Looking to target price area 1.282 (110 PIPS) if bullish momentum strong

Trade Safe
Order cancelled:
Bearish break through - Trade not taken.
Comment:
will be looking for re-entry on price action.

Trade Safe
Trade active
Comment:
on track to TP AREA 1 (30 PIP)
Comment:
Options for managing trade position upon gaining +30 pips -

1. Adjust SL into BE to protect trade and ride 100% of position risk free to TP Area 2/ 3

or

2. Simply close partial (50% of position minimum), to secure some profit + adjust SL into BE to protect trade & ride remaining position risk free to TP Area 2/ 3
Trade closed: target reached:
TP AREA 1 HIT - (30 PIPS)

*** Read above comment for trade management ***

Trade Safe
Trade closed: target reached:
TP Area 2 Successfully Hit -×- (55 PIPS)
Comment:
Holding risk free trade to target area 1.282 (110 PIPS)
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