Short Term Fibonacci Trades on GBPUSD

[intlmarkets]

EURUSD trade stopped at BE

Last 0 Balance -56

Open Positions:
--------------
Long GBPUSD 1.8151
Short USDCAD 1.2508

[intlmarkets]

USDCHF 1.2505 buy close at BE

[intlmarkets]

EURSUD was a buy at 1.2242 Stop 1.2182 Target 1.2402 I could not buy it when it went there but will buy it if it goes there again. its according to our plan posted on this thread. I was scared when I saw it coming down fast but the rules of the Fibonacci trading system I have outlined would tell me to buy as the prevailing short trend is still up. to break the trend we should get a 100 pips minimum move to the downside the highest point.

[intlmarkets]

Move stop on gbpusd to BE

Move stop on usdcad to BE

[intlmarkets]

If EURUSD does not touch 1.2245 GBPUSD 1.8237 then the short term uptrend is still dominant. when the mentioned levels are touched then we will start looking for a 50% retracement to sell short

[intlmarkets]

Out of GBPUSD trade at BE +0pips at 1.8251 the EURUSD GBPUSD have indeed reversed the direction is now downward will be looking for retracements to sell short

[intlmarkets]

Out of USDCAD +0 pips

Balance -56 pips lookking to sell short GBPUSD EURUSD on retracement of 50% of current down move.

[intlmarkets]

Cancel all previous pending orders

now

EURUSD
SELL 1.2274 Stop 1.2322 Target 1.2124

GBPUSD
SELL 1.8166 Stop 1.8214 Target 1.8018