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Tuesday, July 28, 2015

GBPUSD trade 280715

Order: pending buy stop
Instrument: GBPUSD
Entry: 1.56045
SL: 1.55045
TP: 1.58245
APP: yes
R/R ratio: 1:2.1
Signal: Bullish rebound from support/increase in institutional sentiment to the upside.

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Closed at market: +0.12

Comment: Yesterday PA surged upward to 80 pips above the entry within the European session but when the U.S. Session got happening the cable was slamdunked back down. Will setup another pending buy stop as I need further evidence of the cables strength if there is to be any.

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