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FUNTRADER-Vera
May 2, 2017 4:19 AM

GBPUSD is facing a top reversal Short

British Pound/U.S. DollarFXCM

Description

GBPUSD is facing a top reversal rather than a breakup according to the Channel strategy SO FAR.

Less is more!

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Trade active

1.292

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short trade in , for the first try.

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let it go, GU!

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30 PIPS.

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1.292 is the top so far, good entry for short trade.

Checking GJ to see if there is any good chance to enter short trade too.

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40 pips for GU short trade now.

Trade active

short again 1.2925

Trade closed manually

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we want to see how GU react to 1.30000 next week/

Trade active

entered again at 1.297 with half lots/

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YES, WE ARE NOW HOLDING THE SHORT TRADE ENTERED AT 1.297.

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GBPUSD is going to test 1.30 before correction.

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Comments
FUNTRADER-Vera
samehisk
@FUNTRADER-Vera, the GBP will wait till the BOE interest rate decision tomorrow
TheRealCarlosP
Hey I just saw your Idea, I took the trade based on the 4H chart engulfing candle Good luck with your trade !! :)
samehisk
what about NFP in 20 minutes , where should i put the stop loss?
samehisk
can i short it now? 1.2905
FUNTRADER-Vera
@samehisk, yes ,you should .
samehisk
@FUNTRADER-Vera, is there a stop loss ?
piptamil
Great wishes vera...
FUNTRADER-Vera
@piptamil, yes, best wishes.
apemaja57
1,2728
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