GBPUSD SELLS ( POSSIBLE SWINGS TO THE DOWNSIDE )

Aug 15

I will be selling gbpusd. Through my analysis I see a possible fake out of a breakout from the trend line. Since there is a possibility of price coming down for a break and retest - I will carefully be taking partial profits at each of the TP's I have listed.

TP 1 : CLOSE 20%
TP 2 : CLOSE 50%
TP 3 : CLOSE 80%

Aug 16

Note

Follow me on twitter @FATHERCURRENCY

Aug 19

Note

my trade hit stop loss - I still believe that this trade will follow through in the direction I analyzed. I just had the wrong entry.

Aug 26

Note

This trade was a prime example of why fundamentals will always over power technicals and how important it is to follow your trading plan , manage your risk and to never ever ever marry a trade.