About meI'm a believer that you simply must loose money before you get good at trading. If you can walk away from suicidal thoughts, shame, horror and hell from loosing your money, then come back you might just make it.
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I share my thoughts and opinions, feel free to leave a comment.
Short term trade, enter based on your own analysis and stop loss.
Dollar index is going up , which in turn will push GBP/USD down.
Two take profits pre assigned.
EUR is showing weakness across many pairs.
JPY is also showing weakness, but some pairs it is showing strength, hence why the stop loss is so close to the entry.
Short term trade, Heavy Trade risk reward 5:1 , enter following your own strategy and your own risk reward.
It is clear to me that due to Brexit and other factors, pound has weakened, it is reaching historical highs.
Watching this pair closely next week to see a downtrend initiate then enter based on your own strategy and analysis.
(there is a possibility that it might go past my resistance lines and go even higher to 0.97000 zone, but in my personal opinion that is...
My opinion is it is narrowing in to an symmetrical triangle , keep a watch on the pair to see which direction it breaks out too.
Once there is a clear trend i will be looking to enter the pair in either direction.
Enter based on your own strategy and analysis on the pair.