I am short Gbp/Aud after my sell entry was hit
Yesterday evening I put in sell entries Gbp and Eur - Nzd and Aud crosses
as I feel like these crosses has risen too high lately
and retracement would seem in order
I put in four sell entries in Gbp/Aud, Gbp/Nzd, Eur/Aud and Eur/Nzd near previous highs
on the daily charts
This morning I found that my sell entry Gbp/Aud @ 2.1455 had been hit and I was up around 60 pips,
the pair has already retraced back to around opening level, though,
and I still am convinced these trades could take a while to develop
I will wait and se if I am right
Yesterday evening I put in sell entries Gbp and Eur - Nzd and Aud crosses
as I feel like these crosses has risen too high lately
and retracement would seem in order
I put in four sell entries in Gbp/Aud, Gbp/Nzd, Eur/Aud and Eur/Nzd near previous highs
on the daily charts
This morning I found that my sell entry Gbp/Aud @ 2.1455 had been hit and I was up around 60 pips,
the pair has already retraced back to around opening level, though,
and I still am convinced these trades could take a while to develop
I will wait and se if I am right