GBPUSD TRADE IDEA / DAY TRADE

[skrimon]

According to the confirmation that will take place, this trade suggestion for the GBPUSD Day Trade Trade is to Buy in the Order Block Area TF5M Near Sell Side Liquidity (SSLQ) of the Asian session with a range of 1.22674 to 1.22614.

-This exchange is for news on Event UK Retail Sales.

-Risk Reward 1:3

 

[LeoFx]

Traders should change their long-term trading scheme into short time at times to survive in the market. Use indicators and market analysis and consider global market situation as part of this analysis.

 

[Fin_Trader]

Traders should change their long-term trading scheme into short time at times to survive in the market.

The advantage of Forex is that we ourselves can choose how to trade. And if a trader does not have time to constantly be near the terminal, then long-term trading on higher timeframes can save time for trading and market analysis. Here it is important to be able to wait and accumulate profits on transactions for more than one day or week, trading with the trend.