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

forex, GBPAUD Analysis


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 .