Live Trade Overview
A Teen Trader is an educational Site Only. Risk what you can afford to lose.I’M BACK!!!!! Lets GO! Today i took a few trades, but i will cover just my first trade, which was on GBP/USD and was a short. This trade gained me 28 pips while i slept. Yes it dropped SOOOO much more, but i placed a SL and TP while i sleep. Trading View Won the poll on Instagram, so i will be doing the trades on my trading view! 4h Time Frame My Entry: My entry was very nice, it was right after the 4h bearish FTR candle, which to me signified that we are looking for a nice move to the downside, at least into the green zone. Which is where i took profit. Another thing that i took in account was the trend line that i have drawn, which is a 4th trend line touch on the 4h time frame. Indicating to me that the down momentum is still cooking. Last indicator i had to lead me to take shorts was that the daily closed BELOW the previous low that we had, allowing me to happily enter and place a valid stop loss ABOVE that daily close zone. How to Improve: How to improve this trade is simple. Let some positions run, assuming i have the ability too. I looked at the daily and had a target of 1.38000, which was SMASHED! Other than that. This trade was bangers! hard to lose when price is so obvious xD HAPPY TRADING GUYS!
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