SELLING GBPAUD NOW! - Pure technicals

I cruised up with GBPAUD and collected over 200pips and now things seem to be lining up for a drop. AXY is showing bullish signs, BXY looks confused and GBPAUDA RSI is now below 50. So, without beating myself up with fundamentals, I am shorting it until end of next week. I AM OFFICIALLY A BEAR ON GA.

Transaction en cours:

The party is already ongoing...

Trade fermée: cible de profit atteinte:

TP1 triggered +112 pips

Commentaire:

Correction: Waiting for entry 2 to trigger

Commentaire:

If entry two closes in a loss, I will only lose a fraction of profits from entry 1 hence, this is a risk-free trade.

Transaction en cours:

Entry 2 pending order activated.
PARTY number two is in session :)

Commentaire:

SL for entry 2 trailed to break-even. Now entry 2 is 100% risk-free.

Trade fermée manuellement:

Entry 2 closed out in profit at current price due to news event