Hello Traders!!! Hope you are doing well. I keep my charts as simple as I can so that everybody can understand them. On GBPUSD I will wait for the chance to short it from the resistance level pointed on the chart with take profit at the blue line and stop loss immediately above the top part of resistance. If the price passes the resistance we could see GBPUSD...
Hello Traders !!! Hope you are doing good. I've been actively trading for 8 years now and in all my experience I have never seen the market being so out of place so this is why my favorite action now a days is to wait for the best moment to get in the market. I recommend using lower exposures. DAX as I see it is under a key area that has been resistance turned...
Hello Trader !!! Hope you are doing well. After yesterday's news on the lock-down of Melbourne for another 6 weeks due to COVID-19, I believe that we should see the AUD under some pressure in the next few weeks. It also helps us to see the price close to a resistance level. That gives me more confidence in the success of this trade. My target will be 0.6600 and...