TomKirk

GBPSGD Position trade take 2

Long
TomKirk Updated   
FX_IDC:GBPSGD   BRITISH POUND / SINGAPORE DOLLAR
Second reentry attempt. Will abandon trade idea if another loss
-21 Week ascending triangle
-Intraday breach of 1.833 which has proved a significant level
-Favorable R/R with stop set as intraday swing level
-Measured move up to 1.925

40 basis points intraday
An additional 40 basis points if R/R remains favorable at the daily close

*Not investment advice*
Comment:
Oder filled, will add an additional 40 basis points risk if breakout confirmed on the daily close
Comment:
Additional 40 basis points added at 1.8456
Comment:
Stops adjusted to 1.8320 for 35 basis points of risk
Comment:
Stop moved to 1.83624
Comment:
Stop moved to break even 1.84242
Comment:
Stopped out break even
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.