27th May – GBPUSD trading

Today wasn’t too exciting…….. I was rather miffed about yesterdays double loss so hoping today would bring back some results.

The lines were at 14488 and 14402. The upper bar was breached and the long trade was initiated… an easy 30 pips were bagged. However, the market initially went to 14541 before a smallish retrace and shot even higher to around 14587 (100 pips) before falling all the way down.. it wasn’t too far from the lower of my lines and if a short was initiated, it would have been a disaster.

30 pips in the bag today!

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Category: Forex trading, Spreadbetting, Trading