FX:EURGBP   Euro / British Pound
41 3 0
Recently this pair did well to the up side, but some correction should take place as shorter term trend line is broken. Risky trade. Sell order at 0.8382.
Order has not been executed and I am not going to take this position.
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Just curious. When you say "risky trade" do you mean riskier than normal/average - a larger distance
to the stop loss - or other thinking in your analysis ?
Thanks for your thoughts.
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TLM dojitrader
Sorry for the such words as "risky trade" I do not like such statements myself, but it slipped. :). Risky I meant that we do not have lower low to say that correction is on the way, just broken trend line and broken trend line alone does not justify this price action as a correction.
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