Short on GBP/USD
So today i took nice short with 30 pips SL. I get in on the last fib retracement 23.6%
Why?
For me first sign of changing trend is fib extansion not hit (138.2%)
Nice downside move then retracemnet to 23.6% of move, trendlinebreakout on m1 and jump in.
Market sell 1.4738 SL:1.4768 TP:no + 68 pips gain
M15 chart GBP/USD
below You’ll see how i get in and get out on one minute gbp/usd chart
So i get in on fisrt circle after trendline breakout on 1 minute chart and i put 30 pips SL than i has been waiting my SL get hit or grab some profit. If I use 30 pips Stop loss profit of 70 pips is OK for my.
No comments yet.