Cable is reversing sharply after NFP , which points to further weakness.
There´s a rejection after a lower high for overall downtrend and still below 200MA, so I´m entering short at 1.445 with SL above 1.455 on a daily close
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6 Trading Rules :
1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when trend is confirming your analysis 6. The hard trade is the right trade