GBPUSD weekly
Long or Short: SHORT
Entry Point: 1.5800
Stop Loss: 1.5950
Profit Target/s: 1.5650, 1.5500, 1.5350
Reward-to-risk Ratio: 1:1, 2:1, 3:1
Risk percentage: 1%
Indicators: Fibonacci
Trade Rationale: Theres is a falling trend line and the pair is testing the Fibonacci retracement level 61.8.
Trade Adjustments: Move stop 150 pips with every 150 pips move
Hi donapinciotti.
Thanks for the trade idea, it really paid off for me. I’m doing the crazy $200 to $1m challenge set by TurtleForex which I’m bloging about at The $200 to $1,000,000 Challenge | MeetPips.com
I’m out of the trade at the moment (because of my limited pool of money I’m being ultra cautious) but keeping an eye on it to go past the next the next point of support.
Thanks again!
amazing i have made 140 pips thanks.