Wednesday, July 1, 2015

GBPCHF Short

Good morning and happy new month to all; and wishing you many green pips 

This was a CT trade based (1) on anticipated reversal after noticing price perking at the top of my TMA without breaking through (not shown on this chart) but closed just few seconds before the news release and spike; and (2) on GBP weakness after the PMI report. Exit seem premature on hindsight as price has since moved another 50 pips but I am satisfied with the 23 pips; net 20 after the 1st loss.

Shalom 


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