Missed Trade - Guppy
Published on Wednesday March 10th, 2010 at 11:55AM by virgiliolayug
I actually had a short trade idea on a break of yesterday's lows, but the pair retraced from S|R at the 134.00 handle. Since I have a bearish bias on the pound, I was only looking for short trades. Another idea that I was considering was shorting around 135.15, where appears to be an area of interest. The only problem was that 1) I am bearish on GBP and 2) manufacturing production data was coming out any minute. I didn't wanna get whipsawed by a surprise figure and hesitated to short at market. Eventually, when data came out worse than expected, the price dropped and I had already missed my chance. I'm still waiting for a break of yesterdays lows - I'm still contemplating if I'm going to take that trade. GBPJPY
On Wednesday March 10th, 2010 at 11:56AM by keicadelina - Like - 0 People
On Wednesday March 10th, 2010 at 12:03PM by virgiliolayug - Like - 0 People
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