Short GBPUSD on rejection of supply and demand area?

12th Dec GBPUSD

Today’s trade using The Box is the possible rejection of price if it retests the supply and demand area last tested on November 26th.  If prices goes into the red box and is rejected, a short trade will open with a stop loss at the top of The Box and a profit target set to give a 2:1 reward to risk ratio.  This is traded entirely automatically, you simply place The Box and The Box takes the trade!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s