ShrewdCatfx

GBPUSD short at 1hr Resistance in my Daily downtrend

Short
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
This was a mistake-free trade that I placed. My system called for it. Result:+1R. My analysis was that USD dollar and it's stock market had a major correction. The fundamental backdrop on this trade was that the indices would revert to their mean price, thus the Dollar would gain value against other currencies.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.