AvitiaFX

AvitiaFX

GBPUSD has just drop from 1.2600 to 1.2350 - 1.2275 level, expecting to consolidate at this level followed by a drop to 1.2025 - 1.2000 level. This is a very profitable / destructive pair, it can lead to huge wins or blown accounts. Wait for exact point to enter trade, if position is opened prematurely it might lead to stop loss hit and missing trade opportunity....

AvitiaFX

Higher time frame. New trend lines have been drawn. Better / clearer view or too much? -Not too much but remember to focus on present and don't be overconfident, everything could change. News ahead, all could change. If things changes, analyze new pattern and understand why it changed. Will update with previous idea.

AvitiaFX Updated 

Will update with previous idea.

AvitiaFX

CADJPY is on a slow, slow, slow, down trend. Expect price to go down to 80.00 and enter two more trades during this down trend. LOTS of patience is needed but it is a very good experiment to practice your patience skills. Be very careful and don't get greedy adjusting lot size when entering second and third order. REMEMBER to adjust stop loss to lower...