GBP/USD Soars past 1.7000 and looks set to go beyond

Sometimes your wrong; but when it's obvious that your wrong, it's important to have tight stops. I refused to take a small profit on the GBP/USD short several times, and when it refused to go below 1.6900 after three very solid attempts. I should have liquidated, but often I start to think a little less clearly when I've been watching the charts for too long. The USD/CHF deal is still on and it seems to be holding above 1.06 exactly where I left it last night. I think I'm going to be devoting a little more time to my trade setups and reserve my blogging here for the weekends.