The FX wins keep coming for me at the moment on this account. Now up 21% in TWO WEEKS. Not bad and perhaps not sustainable.

I took this trade on GBPAUD. I spotted bullish divergence and rejection of this zone on the 1 hour and hopped in. I sold well before the next zone but I’m still in the “let’s just get some good base hits” sort of mode.

My stop was below the zone I drew and the wicks for about a 1:1.33 risk/reward ratio. 

 

Pips