motleifaul

Useless Stopp

Short
motleifaul Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
I had been stopped out with the short position. But there has been no followthrough of this movement. Perhaps the stop was to tight.
The 2 green candles have just been sufficient to fulfil the due retracement of the rise since February 7th. This is rather a confirmation of the downtrend that had been started on January 25th.
Trade closed: target reached:
I am taking a first profit leaving another part of the position short in the market.
Trade active
Trade closed: target reached:
I am taking another profit now but still leave some more pounds short in the market.
Trade active
Trade closed: target reached
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