Tag: possible signal

GBPUSD – Long signal

The GBPUSD is trading in a bullish market condition, I have set an stop order to go long at 1.6023:

My SL is at 1.5965 and my TP at 1.6330, I’m shooting for 307 pips and risking only 58 pips, good deal isn’t it? I’m using a Risk-reward ratio of 5.3:1

It’s important to note that the GBPUSD should not close below 1.5974, otherwise I will cancel it

Trade Safe

Raul Lopez
Forex Course

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The AUDUSD is trading in a bullish market condition, only long opportunities are in play:

If this hour candlestick closes around 0.9954 (where the yellow line is) it will trigger a long signal. It will have the three things that a look for when I enter the market (based on price action):

  • Upward pressure
  • Significant
  • At an important ST level

Trade Safe!

Raul Lopez
Forex Training

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