Good trade on the GBPUSD pair today
This was a good trade and to understand way, it just added 1.13% to my trading account.
This week is already very good considering the profits it already generated.
We need to wait until the NFP news is done, but sometime just before or just after the London session start there will be some small trading opportunities…
Experience traders will the whipsaw/sideways markets and make still allot of pips.
But don’t do it when you have no or not enough trading experience to trade in these market conditions.
The EURUSD was a winner +40 pips, now I am on a buy on GBPUSD at 1.2632 and 1.29413 and 1.29143 TP = 1.30455
I have 2 pending orders at 1.2755 and one at 1.28099, keep in mind that I use a very big STOP (5000 pips)
After I have a draw down of more then 200/500 pips I will consider to ad more trades. This will be depending on the RISK, momentum and which wave its creating…
I like to trade close or on rounded numbers and always long term…and hoping for a short finish….
Look for the NFP numbers and see what the market is doing..
Have great day