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Cable update

Daytrader21 Postado 15 Fev em #Trader's blog #GBP/USD #Forecast #Price Action #Cable

I've been bullish on cable since last year I haven't changed my opinion and will not change it for a while now, until the market will prove me wrong I'm going to stay on the long side. But that doesn't mean there will be no selling opportunities, quite the opposite you will see that as we're going to move upwards there will be plenty of pullbacks where you can make money.

Figure 1. GBP/USD Forecast

If you have been trading for a while you will noticed that GBPUSD has a unique behaviour a…

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EUR/USD Friday's Stop Run

Daytrader21 Postado 20 Jan em #Trader's blog #Forecast #Support #Resistance #EUR/USD #Liquidity #Stop Run #Market Microstructure

I'm just amazed about how EUR/USD behaved so perfect to my forecast, I didn't expected to nail it to the pip but basically if you check out my previous blog posts here:EUR/USD Bull Traps and here: EUR/USD Bull Trap (part 2) you will see my actual forecast and how price has indeed followed my prediction.
In one of my live accounts I'm short EUR/USD from beginning of the first trading day of this year from around 1.3760 and I'm already up 240 pips on this trade and counting, I'm looking on thi…

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Daytrader21's Blog

Cable update

EUR/USD Friday's Stop Run