Monday, September 8, 2014

GBPUSD Short

Good morning traders

The GBP weakness against other currencies as a result of the Scottish independence poll is very apparent but it is distorting the true picture of the market with a 140 pip gap opening. I have taken 2 GBPUSD shorts and exited as quickly as I entered, and deciding to call it a day before I do something stupid. If I had remained in my 1st trade, I would be over 50 pips now but this is not the kind of market I want to trade and therefore going to rest with my 8 pips until the market settles down. Capital preservation is my goal and the market will be here tomorrow.

Shalom, and God bless


DISCLAIMER
Please read the disclaimer on the home page

No comments: