Technician
Short

EURGBP: A New Short At Channel Ceiling!

FX:EURGBP   Euro Fx/British Pound
1968 12 24
*Update: Stopped out
------------------------------------------------------------------------------------------------------------------------------------------------------------I have shorted the pair again near the descending resistance of the short term falling channel, the price printed a pin bar at 0.7920 horizontal resistance. Hope this one goes as anticipated following a few bad trades..


Best of luck. Join me at https://twitter.com/thefxchannel
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My best regards,
Technician

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Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
Notes:
5) If 90 percent of first target is reached I move stop loss to breakeven.
6) If 90 percent of first target is reached without triggering entry I cancel the trade.
7) Remember: Losing is a main part of the game
If you dont want to miss any trade and see all the trades live, fully transparent. No bullshit like some others. Join my FREE channel here https://telegram.me/technician_forex_trades
thanks technician
Reply
Barabaszek
2 years ago
I'm in .Good luck my friend.
Reply
Technician TOP Barabaszek
2 years ago
Wish we compensate for the previous one. Good luck..
Reply
Barabaszek Technician
2 years ago
I wish it too.GL.
Reply
UtterOnce
2 years ago
similar trade entered
Reply
Technician TOP UtterOnce
2 years ago
Good luck
Reply
moneymaking
2 years ago
Thanks for sharing :)
Reply
Malik1978
2 years ago
Good Luck to all, I am in too.
Reply
nick.harrington
2 years ago
Technician really enjoy reading your ideas, keep up the great work! Are you still in this trade? I was looking to get back in short if it touches the channel line again, which it has. Interested on your read on this now? Thanks, Nick
Reply
Stopped out again.. Have to get some rest of trading now
Reply
moneymaking Technician
2 years ago
Also got stopped out. Many people's stop losses were hit, that's why we see that big exhaustion candle with a big wick. Oh well, I guess its part of trading.
Reply
UtterOnce Technician
2 years ago
they say its bad to trade dec and jan apparently
Reply
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