Macrobriefing

GBPAUD short triggered EOD strat

Macrobriefing Updated   
FX:GBPAUD   British Pound / Australian Dollar
A trend-following strategy that only takes a few minutes at the end of the day to set up and forget.
On the GBPAUD the shorts have been triggered and now we wait to see if we get to TP1 and a trend continuation.
Due to the initial stop being very wide, the risk per trade means the nominal lot size is very small.
Comment:
TP1 hit
Comment:
slowly , moving slowly lower
Trade closed manually:
closed the rest on the return to the MA

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