GBPUSD Short: Trend Following

27 Ara 2016

Here is a simple supply/demand short, where we have an abundance of supply at current levels and sufficient reason to take a 2:1 R/R trade. Many factors of resistance above price, including short-term SMA's, trendlines, and S/R zones. If trade continues through TP, I will let it ride. Happy Trading!

27 Ara 2016

İşlem aktif

Short is active, market is currently sitting at entry point. Supply and Demand levels still apply. Cheers

28 Ara 2016

Not

Nice resistance and drop, Moving stop to BE as we are sitting at 1:1 R/R
tradingview.com/chart/g4qzrgok/

28 Ara 2016

Not

29 Ara 2016

İşlem elle kapatılmış

Exited at PSAR, small 3 pip gain