Dear Alpha Signals Subscribers,
Here is a new SHORT signal on EURGBP :
Entry : 0.884
SL : 0.89982
TP1 : 0.84200
Only 50% to be closed here, as weekly and monthly TF are showing a potential bigger downfall. In that case I will either open new short or close lees for this one.
Reasons for this short: IMHO this is a risky trade, as I still look at fundamentals when trading technically. EURGBP should not go down because of fundamentals but every criteria in my strategy portfolio shows red flag. So as the most important things for a trader is to follow the plan, I will follow the plan... even if tomorrow EURGBP skyrockets because of BREXIT news and crush my SL. Lots of people will come here and say : "of course it was bound to happen". But the truth is : you never know.
Trade with your own diligence,
GL HF
Here is a new SHORT signal on EURGBP :
Entry : 0.884
SL : 0.89982
TP1 : 0.84200
Only 50% to be closed here, as weekly and monthly TF are showing a potential bigger downfall. In that case I will either open new short or close lees for this one.
Reasons for this short: IMHO this is a risky trade, as I still look at fundamentals when trading technically. EURGBP should not go down because of fundamentals but every criteria in my strategy portfolio shows red flag. So as the most important things for a trader is to follow the plan, I will follow the plan... even if tomorrow EURGBP skyrockets because of BREXIT news and crush my SL. Lots of people will come here and say : "of course it was bound to happen". But the truth is : you never know.
Trade with your own diligence,
GL HF
Trade closed: stop reached:
SL hit! Can't win all the time...
