I cruised up with GBPAUD and collected over 200pips and now things seem to be lining up for a drop. AXY is showing bullish signs, BXY looks confused and GBPAUDA RSI is now below 50. So, without beating myself up with fundamentals, I am shorting it until end of next week. I AM OFFICIALLY A BEAR ON GA.
Trade active:
The party is already ongoing...
Trade closed: target reached:
TP1 triggered +112 pips
Comment:
Correction: Waiting for entry 2 to trigger
Comment:
If entry two closes in a loss, I will only lose a fraction of profits from entry 1 hence, this is a risk-free trade.
Trade active:
Entry 2 pending order activated.
PARTY number two is in session :)
PARTY number two is in session :)
Comment:
SL for entry 2 trailed to break-even. Now entry 2 is 100% risk-free.
Trade closed manually:
Entry 2 closed out in profit at current price due to news event