glennmercer

GBPUSD Long - Could Reverse Here

做多
glennmercer 已更新   
FX:GBPUSD   英镑/美元
HUGE R on this trade (100+). Low risk entry in my opinion. Been waiting for awhile to enter on this, looks like a good time on trade news. Cheers.
交易结束:到达目标:
Nice Pop, moving SL to breakeven.
评论:
This trade is a monster. Up 22R currently, holding out unless I see a big reversal on lower TF. Cheers.
评论:
Another quick update. Currently sitting at 67 R. Taking half profit here.

Risking 2% per trade, taking 67% profit on the account thus far on the move. Moving SL up on other half to 1.239.
交易结束:到达目标:

HUGE R target of 109 has been tagged, so I closed the other half. This was a once every couple of years type of trade.

Here's the breakdown of the power of keeping R/R in your favor:

Risk: 2.0%
First half: 67%
Second Half: 109%
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Total: 156% in duration of 34 hours

Even using a 0.25% risk/trade model would net 19.5%, an excellent year in trading by many investors.

A little luck, a little skill, but discipline and consistency are the superpowers that create wealth over the long-haul. Have a great weekend, cheers.
评论:
Correction: Total should read 176% (not 156%). Cheers!

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