Chad_McDeid

Short swing trade

Short
FOREXCOM:GBPUSD   Sterlina / Dollaro
I dont put stop orders in the market I prefer that position size and future analysis dictate my staying power and exit strategy. Your risk tolerance is your business. Im exiting with first positions profits before a test of the 50% Retracement at the 1.2950 round number. 130 day moving average (6 months) is flat so I'm not overly ambitious here. I dont use multi timeframe analysis it throws too many conflicting signals for my loose style. This market is too volatile with too many variables for perfectionism. I prefer these quick swing trades off key levels backed by popular fib targets. simplicity. peace and prosperity.
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