Alex.Singletary
Short

Potential for more downside here

FX:GBPAUD   British Pound/Australian Dollar
135 0 3
I would always rather be stopped out following a trend than bet against a trend. Keep that in mind with the pound.
Comment: Out for 80 pips profit already since posting this. Waiting for a slight pullback to get back in!
Comment: Sorry did not update this in time, I re entered shorts at 1.6180 and have already covered it. close to 260 pips on this idea so far
Comment: anyone profit/ still in this?
Comment: have taken another 100 pips on this idea. Thats the beauty of forecasting folks. Then as long as you stick to a plan, you can make more pips than the original idea here shows. Looks ready to break this support level and move on towards end target.
Trade closed: target reached: GUYS!!! Hope you enjoyed this analysis. Stay tuned for more posts :) And remember, If my analysis helps you make money, think to help others out :) Peace, Love, and happiness for all. Namaste
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