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Gustav.Mejlvang
Jul 12, 2016 9:19 PM

Anticipating a correction to the upside - GBPAUD Long

British Pound/Australian DollarFXCM

Description

We have an IHS, indeed it is a bit ugly, but we broke out of a nice res. area which I am now currently bid at for a re-test. Gunning for a daily level but will trail stops if it goes my way

Trade active

Order filled

Trade closed manually

Closed out for a small loss of -0.3R. Had a look on the daily and it just does not look like it wants to go now. Also had a look at Cable which looks like it will have more downside so decided to take an early loss instead of being stubborn and sticking to my stop and taking a full 1R loser.
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