GBP Long

Sep 9, 2019

Same as the other two trades I've published so far. Waited for the Cable to reach a strong supply zone and form a bottoming pattern. I missed the initial breakout but jumped back in after the retest made new highs. This is on the 8h but could be traded on the 12h or daily.

Let's see what happens.

Sep 10, 2019

Note

Still waiting for a push up. I will cut my losses early if price fails to push up.

Sep 12, 2019

Trade closed: stop reached

SL Hit. This was a half position to begin with so loss is small.

Being right is not as important as managing your risk!