Trade of the day 25 June 2010: $GBPUSD short
I have made some mistakes this week, well, stupid mistakes. Anyway, I think one of the essential trading skills is to learn how to pull yourself back after making mistakes, and bad trades. Anyway, enough crying like a kid, I am still trading throughout the week. I thought the $GBPUSD short is worth sharing here.
I entered the short position near 1.5 area since Thursday session, 2 profit targets were achieved. This is not an easy trade, price was swinging around before actually moving in my favor.
Here is the.... CHART.
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