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Invigilo_FX
Aug 17, 2015 8:24 AM

Huge Potential Short

EURO / BRITISH POUNDICE

Description

Strengthening DXY can not pull GBP down. We were waiting for this trade for the last month. Our first Take Profit is shown with green line but we think it will not hold for a long time. We see huge potential but high risk.

We are three friends trying to raise our own capital for a mutual fund start-up. We are short-term and liquid only investors especially interested in emerging countries. When there are no opportunities we try carry trades.
Comments
Invigilo_FX
Take Profit 1: It is suitable to take profit of 70%. Hold 30% untill monday.
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