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Hi all,
trades on GBP didn't worked out well and with weak CAD economical data and some comments CAD is falling and GBP is strengthening.
It's simply talks and no major shift but on friday markets it is good for some traders to have volatility to end week well =)
Anyway, I will be looking to fade this recent friday price action in future unless we will see higher highs and bullish price action with break outs. However if we will see some selling coming in at higher levels it is really possible that level will hold and we will see some range market and lower levels test.
It;s friday, review your stops and levels! see you in pub!
Cholia
trades on GBP didn't worked out well and with weak CAD economical data and some comments CAD is falling and GBP is strengthening.
It's simply talks and no major shift but on friday markets it is good for some traders to have volatility to end week well =)
Anyway, I will be looking to fade this recent friday price action in future unless we will see higher highs and bullish price action with break outs. However if we will see some selling coming in at higher levels it is really possible that level will hold and we will see some range market and lower levels test.
It;s friday, review your stops and levels! see you in pub!
Cholia
