Simple Trading Strategies – Donchian Channels #1

Short

Euro / British Pound (FX:EURGBP)

FX:EURGBP Euro / British Pound

eurgbp eur gbp-british-pound daytrader donchianchannels short sell bearish signals strategy

Go short the EURGBP currency pair if it trades at .7156 or lower. If triggered, place your stop at .7227 and exit the position for a profit at .7099 or .6996 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely).

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