However my entry was at 1.5064 My exit was 1.4940 at 11.40.a.m when the price pushed through the 13 period moving average giving me a 65 pip profit.
1.5064 - 1.4941 = 123 pips profit
To find out how you can learn to place similar trades click here
Financial Spread Trading - 5 minute chart GBPUSD
This is a 5 minute chart of the GBPUSD pairing. It shows various indicators which I use to select my trades. I set up my trade to for a sell on the break of the support (slopping green line) with a stop loss 30 pips from my entry. The 13 period MA (red) and 23 MA (blue) were also moving down nicely.
However my entry was at 1.5064 My exit was 1.4940 at 11.40.a.m when the price pushed through the 13 period moving average giving me a 65 pip profit.
1.5064 - 1.4941 = 123 pips profit
To find out how you can learn to place similar trades click here
However my entry was at 1.5064 My exit was 1.4940 at 11.40.a.m when the price pushed through the 13 period moving average giving me a 65 pip profit.
1.5064 - 1.4941 = 123 pips profit
To find out how you can learn to place similar trades click here