newstrading

I feel we are seeing the BOE showing its true colors that the country is not as bad financially as the media is telling us. I see a revisit back to the high 1.28880 soon. We are positioned long and the targets have been sent to members.

While GBP/USD swiftly bounced from it’s brief foray below $1.20, price has once again been capped by the range that you can clearly see in the daily chart The upper level of the range is definitely acting as resistance and the way it held again back in the first week of February puts Cable in play for shorts. Just keep in mind that it’s a 700 pip range and we’re ...

FED Interest Rate Decision

this is a good position to take if you are familiar with news trading. I believe it would go higher than our take profit, but just to be safe, let us trade it like this. Do not hesitate to ask any question you might have. Thanks, Masih