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Currencytrading

GBP/USD 123 Top still in place!Hey Traders so in the last lesson I had metioned that GBP/USD has formed a 123 top formation. Although the market has started to climb back up as you can see it has still not taken out the 2 point. That means as long as the US Dollar uptrend continues this trade should work out. I still believe that the British Pound is still a great short opportunity. Trade Well, Clifford All opinions expressed are for educational purposes and this is not a recommendation to buy or sell). (Always use risk management before entering any trade). (Past performance is not guaranteed for future results.)
Short
by TradeTheIndex
GBP/USD Weakening 123 Top Confirmed!Hey traders I just noticed the pound has been struggling move higher for a while now. I think the market may have topped out because the us dollar keeps on getting stronger and stronger like crazy. I think the pound is a great short opportunity in the making! Enjoy! Trade Well, Clifford (All opinions expressed are for educational purposes and this is not a recommendation to buy or sell). (Always use risk management before entering any trade). (Past performance is not guaranteed for future results.)
Short
by TradeTheIndex
Weekly Watchlist Hey, all in today's watchlist we looking at the following Pairs: 1. AUDCAD 2. AUDJPY 3. CADJPY 4. CHFJPY 5. EURJPY 6. EURUSD 7. NZDCHF Most of these pairs are close to setting up, however, we are just waiting for a little more development on the intra-days before getting involved. Please share your thoughts, and feel free to ask as many questions. If you would like to make contact with us you can visit our website at www.weatlthtip.co.za or you can send an email to dean@wealthtip.co.za.
by DeanMuller