My exit point was at 1.5060 when the price reversed and broke back through the 13 MA.
1.5122 - 1.5060 = 62 pip profit
To find out how you can learn to place similar trades click here
Financial Spread Trading - 5 minute chart GBPUSD
Below is a 5 minute chart of the GBPUSD. I entered my trade, or rather I placed an order for my trade to be triggered, at 1.5122. At this point the (green line) slopping level of support had been broken and both moving averages (13 and 23) were pointing downwards.
My exit point was at 1.5060 when the price reversed and broke back through the 13 MA.
1.5122 - 1.5060 = 62 pip profit
To find out how you can learn to place similar trades click here
My exit point was at 1.5060 when the price reversed and broke back through the 13 MA.
1.5122 - 1.5060 = 62 pip profit
To find out how you can learn to place similar trades click here