Sunday, November 21, 2010

22/11/2010 Short GBP/USD [Close]

This trade is also mostly based on the Monthly & Weekly RSI. Probably going to take profit fast if it does go down.

Trade: Short GBP/USD
Open Price:1.5970
Stop Loss: 1.6020
Reason(s): 1.6000 Area, Monthly & Weekly RSI pointing down
Caution: Looks like Monthly & Weekly is still on a Downtrend?
Risking: < 0.5%

Result: -50

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