timmynorin

GBPUSD - Buying signals

Long
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD giving buying signals after struggling at 1.2150 and failing to close below.

Targetting 1.2300 before looking for bearish confirmation again.

Entered first position at 1.21870
Trade active: Half way to target - Booked part profit and moved stop loss to break even.
Trade closed: stop reached: Remaining position stopped out at break even. Even though we are at a good position to fill up, I'm not entering USD trades with regards to tomorrows news.

Currently active: AUDCAD, EURJPY
Comment: Initial target 1.23000 has been hit - beautiful

Comments

Hello. Great spot that. New to trading, but love it.
Reply
timmynorin rogerlisa
@rogerlisa, thank you for commenting, and welcome to trading then. :)
Reply
totally agree. but on the other hand this looks somehow to obvious
Reply
timmynorin ernstschwarz
@ernstschwarz, we have tons of news coming this week, market could be a trickster!
Reply
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