GBPUSD long trade on 1/8/22
Pre-Analysis:-
- GBP stronger than USD on correlation reading. USD remain the weakest currency across the board.
- Entry during London session.
- Plan to take profit at 2R and set TP.
Post Analysis:-
- Trade ended with profit approx. 2R
- Trade went smoothly. This trade I took with proper plan and patiently wait for correct timing.
- I feel confident in this trade.
- This trade also has potential to give more than 2R profit, but I leave it to take profit at 2R for now until I can hit somewhere 4% profit out of account size ($ 6000).
