GBP 0.00% 0.7573 british pound sterling

Just thought I should share my simple 100 pip trade for the last...

  1. 447 Posts.
    Just thought I should share my simple 100 pip trade for the last three hours.

    Hopefully my chart is more visible this time around.

    First the move started with a rejection off the low (blue line) and rallied to the resistance. I had a small position from above the pivot(red line) up to the resistance line.

    After that, the market tested the resistance line after initially breaking. I took a long position with stop loss at the red line and set an initial target of 1.6000 which has since then closed out.

    I am sure a lot of the swing traders would have picked this one out.

    Happy trading all!
 
watchlist Created with Sketch. Add GBP (FOREX) to my watchlist
GBP (FOREX) Chart ?
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.