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Ethan_FX

Cable Short after SMA cross

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Ethan_FX  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Fundamental Analysis cable smacross Relative Strength Index (RSI) Moving Average Convergence / Divergence (MACD) Stochastic Oscillator 15mintf
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trendanalysis chartpattern fundamental cable smacross relativestrengthindex macd stochastic 15mintf
We got in here on cable after a clear SMA cross had appeared.
No major data out of either country until 13:00 GMT which gives this position a good 4hrs before we need to either take profit or stop loss.
All of my criteria was met with this trade hence why i decided to enter.
The stop loss was fairly big but i decided to enter anyway as this trade set up was very appealing.
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