Short

GU

Updated

Price under our calculated pivot point, price has returned to the EMA89 average, and we can look to short GU down to 1.2197.

Trade active

1.2245

Trade closed: stop reached

Well that was fun

Trade active

1.2254 entry, 1.2280 stop

Note

Little lesson to be learnt there, first trade I should have used a wider stop above the pivot point... that is the right way to trade around a pivot, if price breaks the pivot youd be out which makes sense, as price raising above the pivot can indicate a change in the trend.

Trade closed: stop reached

Price has broken pivot point

Trade active

1.2300 entry 1.2315 stop

Trade closed manually

B/E Leaving the shorts alone now, no luck this time

Trade active

Now the price action is good, 1.2310 stops

Note

1.2290

Note

1.2230 targets

Note

Price has rebroken the pivot to the downside

Trade closed: target reached

Note

Got there in the end

ZenFlo

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