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Sterling Evaluation


Here's my evaluation of my GBPUSD short that I did last week. My entry was pretty solid, entering near the peak of the downtrend. My exit however was rushed. I believe I should have waited a bit more and took half of the position out only when it hit my take profit point. I would have then waited until at least the CCI moved to the -100 zone before considering closing my position.

GBPUSD looks like it's aiming for a bounce once again. Will check tomorrow if this is the case.

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