SimpleTradingTechniques

GBPAUD - BEARISH Strategy

Short
FX:GBPAUD   British Pound / Australian Dollar

Go short the GBPAUD if it trades at 1.6907 or lower. If triggered, place your stop at 1.7085 and exit the position for a profit at 1.6761 or at your own discretion. (Always invest wisely).

In this idea you don’t get the following:

1. How to identify the trade setup
2. How to identify short term trend
3. How to protect gains in your trade
4. Market deciding price exit for large moves in the market
5. Money management
6. Buy/Sell line which let you know when to buy or when to sell
7. Rules of gap opening
Trade closed manually:
this trade idea fail the gap opening rule

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