July 18

GBPAUD Trade Canceled

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The Pullback level was 1.5159. It missed our entry by a couple of pips. We didn’t adjust our entry because we are not going to “chase the market”. Entry will only be done on our conditions.

The setup is no longer valid so we canceled the trade setup and looking for other opportunities now.

EDUCATIONAL USE. Commodity Futures Trading Comission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provided on the Blog is for educational purpose


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