pips4peeps

GBPUSD MELTING? DOLLAR BULLS RETURN

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pips4peeps Atualizado   
FX:GBPUSD   Libra Esterlina/Dólar Americano
Update: GBPUSD trading lower into New York close as projected in an idea posted earlier. Price is actively breaking short term low marked out in Blue. I personally have a running SHORT position on GBPUSD and have just moved my stoploss 2 pips past my entry (breakeven), this is now a risk free trade.

In my opinion risk management is key to consistency. This trade is currently running 1:1 Risk/Reward, I can't close the position as for me this does represent a positive risk to reward ratio. However this trade setup has ran 1:1, I can't leave my position exposed either as anything can happen in the next session. Catch you guys tomorrow, take care
Trade ativo

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