Short GBPUSD

Hello traders,

Cable is reversing sharply after NFP , which points to further weakness.

There´s a rejection after a lower high for overall downtrend and still below 200MA, so I´m entering short at 1.445 with SL above 1.455 on a daily close

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6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Josep Pocalles

Handel aktiv:

Move SL to 1.448