Trade of the Week: GBP/USD H1: 6th March: +5.5% Profit (+110 pips)
For more details, click "Examples of Trade" in the menu
On D1, H4 & H1, this is downtrend, on H1 we have a very tight fractal box and the ewave is about to cross the zero line. We take the break, and the price falls. This is the NFP release news so we sell half of our position (+2% / 2 = +1%) before the news and let our trade runs. Following the news, the price goes in our way (as often, price goes in the main trend direction) and we exit few hours before the end of the week for +9% / 2 = +4.5%; the total profit is +5.5%. Great quick trade.
For more details, click "Examples of Trade" in the menu
On D1, H4 & H1, this is downtrend, on H1 we have a very tight fractal box and the ewave is about to cross the zero line. We take the break, and the price falls. This is the NFP release news so we sell half of our position (+2% / 2 = +1%) before the news and let our trade runs. Following the news, the price goes in our way (as often, price goes in the main trend direction) and we exit few hours before the end of the week for +9% / 2 = +4.5%; the total profit is +5.5%. Great quick trade.
Trading on GU at present is extremely hard due to the massive movement that’s rolling around. I always trade with approach and it helps me so much to do it through OctaFX broker with their epic conditions which include lowest possible spread from 0.1 pips to high leverage up to 1.500 plus there is also smooth trading platform, it’s all making things ever easy and allows me to work smoothly and often leads into great results and makes me feel relaxed and comfortable.
ReplyDelete