Weakness in GBP against USD and JPY

23 nov 2016

The market has been relatively quiet since Monday . Perhaps, most traders are on the sidelines going into FOMC. At the open of London Session, I could see some weakness in GBP and strength in USD and JPY. I will be closely monitoring both my GU and GJ short as there is a high chance they could be a fake breakout.

23 nov 2016

Trade chiuso manualmente

Exit at Breakeven

23 nov 2016

Nota

I decided to close the short trade manually when the price came back to Breakeven price because the market is forming whipsaw pattern. The best strategy, for now, is No Trade.