GBPAUD short

May 28, 2020

this trade is based mostly on technical - strong aud and weak gbp.

aud did have bad news last night.

im being bold and just getting in. Using new lots size. Was an entry order - already triggered

May 28, 2020

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closed 15% - i'd set an alarm to tell me at that point. I was in the supermarket did it on the app.

May 28, 2020

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May 28, 2020

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(tightened stop) as well - see image

May 28, 2020

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Note EUR is crushing GBP!

I took this on technicals but fundamentals said EURGBP


AUD


GBP
tradingview.com/chart/ryaak5aJ/

May 28, 2020

Note

Note EUR is crushing GBP!

I took this on technicals but fundamentals said EURGBP


AUD


GBP

May 28, 2020

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GBP is the control pair at the moment and AUD is also well correlated.

May 28, 2020

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losed 50% of remaining
SL to 0.855

This is moving really fast. Stressful

May 28, 2020

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closed another 50% of open - theres AUD weakness coming in. I'm almost out now




aud

May 28, 2020

Trade closed manually

May 28, 2020

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Total profit 3.2%

May 28, 2020

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In retrospect I think I made a good call. I was worried i should have gone EUR but I chose AUD because its more stable. EUR is all over the place!

May 28, 2020

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Went to original target. Remember, it isn't going to drop little a rock or fly light a rocket to target. Pull backs are ok - don't freak out and close the trade.

May 28, 2020

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***********Ignore above************

Went to original target. Remember, it isn't going to drop little a rock or fly light a rocket to target. Pull backs are ok - don't freak out and close the trade.

May 28, 2020

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Need to look for more clues during trade. I'm so diligent to enter that react emotionally during trade...