cptzack777

Long GU?

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FX:GBPUSD   Paun British / Dolar A.S.
GU was text book today. Unlike EU, following a liquidity sweep there was a strong upmove. GU shows more strength against dollar and high probability to continue the uptrend. I plan to enter Longs on retractment at the marked levels. With this R:R and appropriate lot size, I believe this can be a good set up. I am prepared if it doesn't play out, after all this is a game of probability.


Reminder to self

Risk 1% of capital per trade.
Remember Capital preservation is the real game.
Any profit is good profit.
Price action is King
Smart money is the best money
Charts don't lie :)



This is not a financial advise. I am a baby trader trying to use Publish idea to journal my analysis. I am making it public to get some valuable feedback if ever.
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