SWING TRADING, DAILY MOVE : GBP.AUS CLEAN SETUP ? 13ðTRADING
Hello Traders !
This is a move I'm watching since a little while. I took a trade weeks ago, and seeing this corrective move we just had took all my profits. But it looks like we going up to validate this big daily structure.
As always, I'm not giving any advises but only my point of view, my analysis of the market wich is valid under certain conditions.
To the top of the structure we have a 2 Risk Reward, but the move might keep going a bit afterwards. So it's always a good idea to leave 25% of the trade running, more or less.
On the ideas I'm sharing with you, I'm of course not giving all informations about my analysis but only what's more important. One thing, we need to be really careful as the Bank Of England is releasing Interest Rate at 13:00 (GMT Paris). That kind of high impact news can completely change the analysis so let's be focus !
Thanks to read, wish you good luck !
13 Starz Trading
This is a move I'm watching since a little while. I took a trade weeks ago, and seeing this corrective move we just had took all my profits. But it looks like we going up to validate this big daily structure.
As always, I'm not giving any advises but only my point of view, my analysis of the market wich is valid under certain conditions.
To the top of the structure we have a 2 Risk Reward, but the move might keep going a bit afterwards. So it's always a good idea to leave 25% of the trade running, more or less.
On the ideas I'm sharing with you, I'm of course not giving all informations about my analysis but only what's more important. One thing, we need to be really careful as the Bank Of England is releasing Interest Rate at 13:00 (GMT Paris). That kind of high impact news can completely change the analysis so let's be focus !
Thanks to read, wish you good luck !
13 Starz Trading
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I think GBP going down, wait one of those two scenarios
13StarzTrading.ei