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nakedchartist
Sep 7, 2014 11:38 PM

EURGBP short Short

Euro Fx/British PoundFXCM

Description

on monday GBP gapped down, and hence for EURGBP suddenly it spiked up. This happened to almost complete a 4 point ED channel. I am looking to short this on close below a 2 weeks flat high, sort of a bull trap. Still believe EUR is weak and shorting EG is with the trend imo.
RSI shows divergence as well.
If price cab go beyond 7889 first TP, then will look to hold and let it run for next position.
Comments
nakedchartist
TP1 and TP2 hit. This is a runaway winner. Lastp position will be left running. Entry price is far away from being threathened.
lovely.guy.589
ok sir

lovely.guy.589
sir eurgbp killing sl
nakedchartist
Sir I am prepared to hold thru the SL until a day close above it. there should be a bigger ed channel on d1, so still holding at the moment.
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