Long GBPUSD @ 1.5590

8.47 gmt

A little late entry, but the overall techincals are pretty bullish for cable.

Long $3/pip GBPUSD at 1.5590, SL 1.5530.

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4 thoughts on “Long GBPUSD @ 1.5590

    1. ZenFXTrader

      actually my signal came yesterday at around 1.5528, but since the US markets were closed I decided to hold off, and another opportunity was earlier today around 1.5550. The decisive break of 1.5550 is encouraging but we have a minor 61.8 Fibo at 1.5607 that needs to be overcome. Because of the poor entry my order size is smaller than usual.

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  1. gomesfx

    Hi zen, just look.

    What you said:
    Your signal was yesterday.

    What i tell you: PATIENCIE AND DISCIPLINE
    If the signal has passed just forget about, the market does not end today and more signals will come.

    ———————————————–

    What you do:
    Even though it’s a poor signal resolves to enter an order lower than usual ?!

    What i tell you: TRADE ONLY A+
    Select the best signals, choosing only the most likely to succeed.

    ———————————————–

    PS: That guy james has every reason I’ll transcribe that part of the text most important.

    “The fact that you repeatedly have atrocious monthly losses tells me that,
    A] your strategy sucks and,
    B] you likely don’t have the aptitude for trading — because you are happy to keep making the same mistakes.Aside from this your trading tells me that you do not have a rational perspective on risk, nor industry standard returns.”

    Sometimes cost truths to listen.

    I not bother you more, hope that one day you can be a trader.
    And do not take these comments as negative but as positive and learn from it.

    Be happy

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