#GBPUSD - Daily

This is how I'm planning on swinging this pair. the two blue boxes are the PRZ levels I have for this pair as the supply levels. so I'm entering part of my position here and I will add the second part on the top blue box, with my stop being behind 1.37 (Red line)

the ultimate target for my positions is that blue box down there, but if price dives down from the first supply level, I will get out on the pivot point at 1.14

but if price touches the top supply area before falling, I will move my target down to the midline of the blue box at the bottom which is 1.1 price area

3 comments

simon van der linde
did you ever send out your trading manual?
simon van der linde
simon van der linde
did you ever send out your trading manual?
i'm reading the above five times but still somewhat bemused...
simon van der linde
ah ok, you're basically shorting. :P