SimpleTradingTechniques

GBPAUD - BEARISH Strategy

Short
FX:GBPAUD   British Pound / Australian Dollar

Go short the GBPAUD if it trades at 1.5870 or lower. If triggered, place your stop at 1.6086 and exit the position for a profit at 1.5710 or at your own discretion. (Always invest wisely).

In this trade idea you don’t get the following:

1. How to identify the trade setup
2. How to identify short term trend
3. How to protect gains in your trade
4. Market deciding price exit for big moves in the market
5. Money management
6. Buy/Sell line which let you know when to buy or when to sell
7. Rules of gap opening
Order cancelled:
Confirmation rule was not met.

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