I was stopped out at 1.4914 when the price broke up above the 13 MA.
1.4959 - 1.4914 = 45 pip profit
To find out how you can learn to place similar trades click here
Financial Spread Trading - 5 minute chart GBPUSD
Below you will see a 5 minute chart for the GBPUSD currency pairing. I entered a trade at 1.4959 when the price broke through the sloping support level (green line) The 13 moving average (red line) and 23 MA (blue) were also both pointing downwards. I placed a stop loss at 1.4975, above the moving averages.
I was stopped out at 1.4914 when the price broke up above the 13 MA.
1.4959 - 1.4914 = 45 pip profit
To find out how you can learn to place similar trades click here
I was stopped out at 1.4914 when the price broke up above the 13 MA.
1.4959 - 1.4914 = 45 pip profit
To find out how you can learn to place similar trades click here