Short Term Setups - 16 March 2016 21:00 GMT


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► High Probability LONG Opportunity     Pips R:R
1stBUY GBPUSD @ 1.4250 @ Market 145  
2ndBUY   @ 1.4225 Limit Order 120  
3rdBUY   @ n/t Limit Order 87  
  Average Price = 1.4238 Revised    
Stop Loss BELOW:     1.4105   133  
Profit Target 1:     1.4660 Combined 422 3.2
Profit Target 2:     1.4660   422 3.2
 
► 17 March 2016:
Overnight the 1st Limit Entry was triggered at 1.4225 but the market did not retrace enough to the trigger the 3rd.
So we are now Long at average 1.4238 for R:R=3.2 @ 2/3 x Risk.
 
► 16 March 2016 - 1 hr
 

NB: The above scenarios are only what we at TFF believe have a high probability of success. There are no guarantees and past performance is NOT an indication of future performance. If you choose to trade, do so at your own risk and never risk money you are not prepared to lose. Before placing any trade, we strongly recommend you watch our Risk Management Video, in conjunction with reading our Disclaimer.