Price Action Positional Trade Forecast in GBPINR on 2nd January
Today on 2nd January there was a one Rupee Percentage change in short position. I found a bearish price action signal in GBPINR today. I Placed my sell order in GBPINR at 4.55 pm i.e at the closing bell of currency market. Tomorrow I hope Gap down in GBPINR according to price action signal. Tomorrow i e on Monday 5th January my target for GBPINR is 30 points and my stop loss for this trade is 99.21 . Just have a look at daily price chart of GBPINR.
Daily price chart of GBPINR as on 2nd January 2014
I will update the Result Tomorrow on 5th January 2014.
Result of Price Action positional trade forecast in GBPINR as on 05 January 2014
BANG BANG, what a great Gap Down in GBPINR of almost 80 points Gap Down in the opening of Currency market.My target was just 30 points. As I booked the target in the opening bell I booked 75 points in GBPINR and squareoff my position. Great trading experience with GBPINR.Just have a look at the price chart how beautiful downward movement in GBPINR on 05 January 2015.
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