Below is an example of a short trade to clarify how a sell trade works:

Trading Signal: Sell (Short) GBP/USD at 1.79600

The entry point of the trade at a price of 1.79600 is indicated on the chart by the “X”. The profit taken at a price of 1.78440 is indicated by the “O”. In this example trade a price spread of 116 pips was achieved.