GBPUSD Short
I also shorted GBPUSD last night which led to decent profit, along with EURUSD (which is still ranging before the move down) although I did not post it. However, I still believe it has potential to tank all the way down to that major support where the take profit is. The reason for this is the same of EURUSD, a huge wick to a resistance and current downtrend. If you are going to short with me, remember to use PROPER RISK MANAGEMENT. I have blown accounts due to poor risk management (no use of stop loss), and when I started implementing it I started seeing actual profit. So I advise you lads and lassies to sell with me but with caution. Let's get these pips!
-4XMC/MEDINAINC
-4XMC/MEDINAINC
Disclaimer
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.