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Alex.Singletary

Potential for more downside here

Short
British Pound / Australian Dollar (FX:GBPAUD)  
Alex.Singletary Updated   
FX:GBPAUD   British Pound / Australian Dollar
3
0
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:
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Alex.Singletary
Looks good for shorts once again
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