Long GBPUSD (+44 pips)
The cable pushed to new highs on the daily chart giving it a bullish sequence and likely starting a new 3 wave advance towards the final traget around 1.35, my system requires a confired trend at the higher degree before I can trade an instrument. With the GBP having a confirmed trend for the first time this year we were able to find a suitable entry point with a buy trade. The limit entry was set at the pre determined level marked by the blue box and the trade went live as price touched the limit order. Price jumped quickly to the first target and 44 pips of profit was booked, it was nearly an even better day as the NZDUSD turned 2 pips short of its limit order and Mr Draghi turned the Euro before its limit order on the EURJPY. I am always super careful trading and never break the trading rules so those positions are just left to go without us.
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