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BE.FX

Long EURGBP from daily support @ .87225

Long
Euro / British Pound (FX:EURGBP)  
BE.FX Updated   
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns EURGBP eurgbplong
2
2
trendanalysis chartpattern eurgbp eurgbplong

Idea: Enter long EURGBP if today candle closes as indecision candle above daily @ .87225 .

Stop: .87150 Initial Stop - Will move to break even once +20 pips is achieved
Entry: .87400
Profit: .87570

Account Balance: $538.28
Position Size: 10k

Please note: I'm a complete novice just trying to find my way in the market. Will trade this on a small live account and post result as happens.

Love to hear feedback and criticism about my idea.


snapshot
Comment:
Entered long a tiny bit early @.87354. Will see how things progress toward the end of the session and may close or tighten stop before Europe open.
Comment:
Stop moved to 87205
Comment:
Stop moved to break even.
Comment:
Adjust stop to +11ish pips and trailing at 10pips.
Trade closed: stop reached:
Stop triggered overnight @ .87466 for a gain of +11.2pips only to move back up.

Opening Account Balance: $538.28
New Account Balance: $559.16
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