How I’m managing my GBPAUD trade

Last week I opened a trade in the GBPAUD and I’m still holding it.

I thought last Friday, if the GBPAUD breaks the bottom of the range I’ll move my stop loss to the middle of the range and will hold it over the weekend:

This is how the chart looks like:

If I have a chance, I’ll increase the size of this trade (if I get a signal of course).

We’ll see what happens!

Would you close this trade and take profits now?

Let me know.

Good week ahead!

Raul Lopez
Forex training

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .