Short GBPUSD

6 mag 2016

Hello traders,

Cable is reversing sharply after NFP , which points to further weakness.

There´s a rejection after a lower high for overall downtrend and still below 200MA, so I´m entering short at 1.445 with SL above 1.455 on a daily close

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6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Josep Pocalles

11 mag 2016

Trade attivo

Move SL to 1.448