Thursday, December 6, 2012

EURGBP Channel Short Trade

myfxvoyage.blogspot.com EURGBP Channel Short Trade
EURGBP H1
Price has broken then channel downside and lower trendline is now support-turned-resistance.  

Price as tested it once and got rejected.


I missed out this trade. But will try to jump on shorts on any spike towards the channel's lower trendline.

200EMA comes below the channel at 0.8100


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myfxvoyage.blogspot.com EURGBP Channel Short Trade
EURGBP H1
UPDATE: 16:24 GMT: EURGBP short trade came out very well. I short it at 0.8117 on bounce to upper trendline. 
 
I booked my trade at 0.8075.

Overall a nice trade



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