Trade setups and other nonsense from 
... and 
Today we’re looking at some of the plans we made in the past, and seeing what happened to them. In this case, as with the AUD/USD below, I sort of totally forgot about the idea that I had planned, and today for the first time looked back at the charts. Here’s an update on the GBP/USD chart, which I mentioned back on July 17. I was going to sell the pair on a break of a trendline and target the top of the channel. Here’s what it looks like now:
Could we have bought the pair at the top of the channel, on that doji-star-reversal style candle? Yes. I am sorry that we didn’t plan that earlier (but please let’s all remember next time!).
The next idea is to sell the pair if it falls inside, and closes inside, the channel. The top fibble would be our profit target.
