Shorting GBPUSD with short term trend
This trade is correlated to the EURUSD trade I just put on. After today's NonFarm Employement Change, that came out stronger than expected, we are seeing further strength in the USD.
This is how I entered the trade and logged it in my trading journal:
Date Pair Direction Trade Trend Level Signal Entry
2019-05-01 GBPUSD Short With trend Down Horizontal Resistance Pin Bar break
This is how I entered the trade and logged it in my trading journal:
Date Pair Direction Trade Trend Level Signal Entry
2019-05-01 GBPUSD Short With trend Down Horizontal Resistance Pin Bar break
Trade closed manually
NFP is coming and I do not want to monitor the trade.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.