GBP down harshly after election results. I am unable to relate the results to the ideology of this trade (fill in anyone?) I have this pair on upside watch and saw an opportunity to get a discount. Jumped right on in. Kinda programmed to seeing these moves. Doubt it goes lower than the news release. Not part of the trading plan so in attempt of discipline this trade will be taken on simulator. 50,000 K Long @ Entry 1.2745 Target 1.2945 Stop 1.2689
Stop hit at 1:00 am Jun 9 at 1.26882. In hindsight the stop may have been a little close and I knew absolutely nothing about what was happening in the UK. Glad I took it on the simulator but still take responsibility for a foul trade. Bias to the upside remains.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.