by John F, August 19, 2021
by John Fraine August 19, 2021
GBP/USD
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Long
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H4
Table of Contents
H4
Demand, Price Action, Indicators
GBP/USD I just went long .1 Lot on this pair at 1.3644. SL at 1.3584 (60 pips), TP. at 1.3724 (80 pips)
GBP/USD is a bit extended to the downside and at previous demand on 7/21/2021 as easily shown on the H4 chart. Stochastic and reading oversold
Presently long, SL and TP set. Manually trail SL to break even when as the trade goes in the green
.6% on $25k account
Price movement to trail stop
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I closed this out this morning for a 30 pip loss. I’ll look at it again on Monday
Hi, how are you? What are your entry confirmations?
Hello Jesus, I am great thank you. I hope you are good. My entry confirmation on this trade is the previous demand on 7/21/2021 as seen on the H4 chart. Stochastic in oversold territory