Saturday, September 10, 2011

Trading Plan: GBPUSD follows EURUSD, but if GBPUSD is already SHORT wait for EURUSD to follow before entering

I got this short signal (before the white breakdown candle happened) and I was not clear to take the short trade or not. Before the EURUSD clearly moved down, so even the Pound was still in a range it was a valid bet on the short breakdown move:

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