My Recommendation

This is a discussion on My Recommendation within the General Trading Chat forums, part of the Start Here category; hii every one , i will post my private recommendation , you just watch it for one week and try ...

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hii every one , i will post my private recommendation , you just watch it for one week and try it on demo then when you will be comfortable for it you can join it on your real account , i make my recommendation in time and price , just buy and sell @ 00:00 GMT , or in price : : and this is my first one to you


sell Gbp-usd @ 1:00 GMT or 4.00 at ikon royal platform

happy trading for all

http://forexmarketanalysisandrecomme....blogspot.com/
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Cool

Pro-trader started this thread 4 november recommendation
http://forexmarketanalysisandrecomme....blogspot.com/





Sell GBP / USD @ 1.6470


Stop Loss @ 1.6530


Target @ 1.6370
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Originally Posted by Pro-trader View Post
4 november recommendation


Sell GBP / USD @ 1.6470


Stop Loss @ 1.6530


Target @ 1.6370
Ok - well you appear to be in the trade now. Lets see how you get on...

Good luck.
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Originally Posted by GammaJammer View Post
Ok - well you appear to be in the trade now. Lets see how you get on...

Good luck.
Selling at previous highs or buying at previous low has poor odds .It is tested over 8 years of data.
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I think the other problem is that short term market context and fundamental information is changing more rapidly than it ever used to, which, as a result, is diminishing the impact that any sort of TA has in relation to other 'tools'. Just the way it is these days.
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Quote:
Sell GBP / USD @ 1.6470
Stop Loss @ 1.6530
Target @ 1.6370
Risk=60 pips
Reward=100pips
That is not even 1:2 Risk/reward..
To be precise your R/R on this trade is 1/1.6666666
Good luck whit such R/R ratio!
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Quote:
Originally Posted by Pro-trader View Post
4 november recommendation
http://forexmarketanalysisandrecomme....blogspot.com/





Sell GBP / USD @ 1.6470


Stop Loss @ 1.6530


Target @ 1.6370



I hope it goes ok for you, but just to add, your target would have been my intial entry. I would have hit the pullback on the 03.11 at around 1700hrs was it?
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My entry is
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