Just updating my trade. I am now at 280 pips profit with 1.5 million shares short for about $42000 in profit. I will be looking to increase my short position as prices move back towards moving averages.
Added 200,000 more at 1.4330 which is a technical level and close to a resistant trendline. If it closes above 1.4350 I will close my trade and look to enter short elsewhere.
I closed all my positions with a total profit of $53,253. I would have hung on longer, but Ben opened his big mouth. I wouldn't be surprised if this hit 1.60 now