Hello.
I've been a member for 7 years, and figure it's about time to record my trades. I've been successful for the last 3 years (after treading water for the first 4 years). I welcome any comments you have.
Here are the rules I follow:
- Small lots, wide stops
- Check my trade status no more than 2 times a week
- Use only fibs, moving averages, trend lines, reversal patterns
Here we go:
GBP/USD:After a perfect 50% retrace on the move from 1.6380-1.4831, we are moving down towards 1.40.
Major supports at:
1.5196 (23% retrace)
1.5032 (April 4 low)
1.4831
1.4667 (62% expansion)
The trade: Short GBP/USD @ 1.5300, SL 1.5490. TP Open
I've been a member for 7 years, and figure it's about time to record my trades. I've been successful for the last 3 years (after treading water for the first 4 years). I welcome any comments you have.
Here are the rules I follow:
- Small lots, wide stops
- Check my trade status no more than 2 times a week
- Use only fibs, moving averages, trend lines, reversal patterns
Here we go:
GBP/USD:After a perfect 50% retrace on the move from 1.6380-1.4831, we are moving down towards 1.40.
Major supports at:
1.5196 (23% retrace)
1.5032 (April 4 low)
1.4831
1.4667 (62% expansion)
The trade: Short GBP/USD @ 1.5300, SL 1.5490. TP Open