TheFxAce

GBPUSD SELL Trade Running Smoothly

做空
FX:GBPUSD   英镑/美元
Just a quick update on the GBPUUSD SELL trade idea as explained in my 2 previous posts around the 1.14 area was the likely target for sellers to come back in and that I was waiting for a SELL signal from my indicator on the 4hr charts or above. The signal occured just above 1.14 allowing us to get into this position.

It has already dropped nearly 300 pips from entry i've closed 50% of the psoition and moved stop loss to entry price my final target is 1.10 or below although we have NFP today so I may close early depending.

Read my related posts to understand how I was able to identify this position

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