Forex Trading Journal: Getting Ready To Short Gbp/Usd

Hello all I am up in the middle of the night and see a great trade opportunity. This is based on an 8 hr chart. I will let the chart do all the talking on this one.

Since I am tired and once I place the order I am going to bed 🙂

July 27th

July 27th

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  • You are right I lost pips on that trade. I was up 50 pips at one point but then it went right back up. That is the nature of trading I can't get em all right 🙂

    Thanks for reading.

    Casey

  • Gezor2003

    Hi CASEY, It seems that you ve lost 60 pips with this idea, as GBP/USD moved well above 1,5550. Neverthless it is well on future targets to reach 1,5335 (200 MA in Hourly charts). The fact is when?