GBPUSD SELLS ( POSSIBLE SWINGS TO THE DOWNSIDE )
I will be selling gbpusd. Through my analysis I see a possible fake out of a breakout from the trend line. Since there is a possibility of price coming down for a break and retest - I will carefully be taking partial profits at each of the TP's I have listed.
TP 1 : CLOSE 20%
TP 2 : CLOSE 50%
TP 3 : CLOSE 80%
TP 1 : CLOSE 20%
TP 2 : CLOSE 50%
TP 3 : CLOSE 80%
Comment
Follow me on twitter @FATHERCURRENCYComment
my trade hit stop loss - I still believe that this trade will follow through in the direction I analyzed. I just had the wrong entry.Comment
This trade was a prime example of why fundamentals will always over power technicals and how important it is to follow your trading plan , manage your risk and to never ever ever marry a trade.Disclaimer
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