FX:GBPCHF   British Pound / Swiss Franc
A high risk reward is offered to us on a bearish pair (because gbp is) by technicals (horizontal & diagonal supports).

+ ~38.2% retrace + typical ABC correction:

Price is reacting as I type this, I wasn't fast enough.
Doesn't mean it won't go back to 1.24150. Here is a very good entry to have a huge RR.

SL ~1.2445.
Sep 18
Trade active: Stopped on GBPCHF but I want to compound on my mistake and am now shorting GBPJPY

Sep 18
Comment: GBPJPY got really close to my SL xd
But back down now,
I want the price to at least clear the 1rst support before I move my stop.

If it goes up I won't short the pound again for a few days...
Sep 18
Comment: Bounced on that low go figure.

Maybe a strong reaction in either direction will happen at 8 am.

Sep 20
Comment: ...

Sep 20
Trade closed: stop reached: Stopped at the very top as usual. Probably a coincidence for sure.

Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy. It's inherent virtue is the equal sharing of misery. We will fight them on the beaches... ~ Winston Churchill


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