TraderGav.com

Gav's trading blog - Perseverance, Consistency, Confidence

Trade of the day 2-June-2010:$GBPUSD short

by Gav

I thought I would choose a good trade a day (if there's any) to post here. Maybe some of my 12 readers might find it to be useful. I shorted GBPUSD during early European session when cable failed to exceed yesterday's high. My entry was not ideal, it was a little bit late.  The trade worked out nicely with 2 profit taking orders triggered, and last portion of position is still trailing.

Here is the Chart. I thought it is pretty simple.

Comments

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  1. Gav (Trader Gav) — Trackback
    Trade of the day 2-June-2010:$GBPUSD short http://bit.ly/9lsViu
  2. Casey Stubbs — Trackback
    RT @tradergav: Trade of the day 2-June-2010:$GBPUSD short http://bit.ly/9lsViu
  3. Niklas
    Hej Gav.

    Who are those 12 readers? :P

    I just wanted to let you know, that you have 141 subscribers at your RSS feed on Google Reader. Maybe that can cheer you up.

    Keep up the good work, I enjoy your blogposts.

    Best Regards
    Niklas, Denmark
  4. lionel
    Hi Gav, Was wondering, whether u would be sharing your trading rules/strategy in any of the near future? :)
  5. John Adams — Trackback
    Trade of the day 2-June-2010:$GBPUSD short: I thought I would choose a good trade a day (if there’s any) t... http://bit.ly/c2GAk3
  6. Gav
    Niklas: LOL..I thought there's probably a dozen of people who are still reading this blog over the years. Thanks for the info anyway.

    Glad to know you enjoy the posts.

    Trade Well,
    Gav.
  7. Hugh
    Nice trade! I haven't visited your blog for awhile, but I like what you have done with it. Thanks for sharing.
  8. Gav
    lionel,
    I thought I am already sharing it with all the charts I've posted? Maybe when I have more energy and time, I might write up detailed descriptions of them later.

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