Originally Posted by ramdas

I have attached continuation chart
sma2400 resistance is taken out easly...if you are long at spot where up patern has form then and exit at sma2400 touch then you can go long again above sma2400 and follow daily resistance..also there are some spot like figure 50 figure 80, 00 where price can face resistance. this figures are simple price Dynamic where normally profit booking expected.

other care has to be take at sma2400 touch is ..wait for price action before seling at this spot. and one has to consider how much currency has move.. typicaly gbpusd can move 160 to 180 pips. and can extend up to 220pips ..and if you are short at sma2400 then one has to exit trade if it moves 10 to 15 pips against you. don't trade with ego..you can get BAD hit.. Market gives you lot of chances... wait for good chance. to avoide drawdown.

Best Regards
Ramdas