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MetaLiz
May 20, 2013 2:18 AM

GBP/AUD Daily Chart Short @ 1.5550 Short

British Pound/Australian DollarFXCM

Description

This is a test trade. I have never traded GBP/AUD so I am testing this short with a very small position. This short is based on a bounce from resistance. It appears sellers are entering the market at this point. The target is subject to change at any time. As this is a new pair for me I may need to adjust my target several times during the trade.
Comments
MetaLiz
closed at target
MetaLiz
Finally pushing to its target. I might close part of this position now and move my stop to b/e.
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