My past few GBPCHF trades have been in loss. What have I learned? 1) my risk reward is no longer garbage -I am limiting myself to trading only once per day with a max size of 0.02 a day. I am not allowed to place any more live trades after this. Meaning I have an actual strategy when I lose. Before I did not have a plan for losing and thus got...
The Key Price levels for GBPCHF over the next few weeks
This monthly chart is a possible bullish bias I have for GBPCHF over the long term. A bullish upmove to my 382 @1.76048. You can see that here: What is my fundamental reason for this? My theory is that if the vote for new british leader is lost by Boris Johnson, then the Pound is bullish. Now if this fails, odds are the pound will continue bearish, but if...
Take Profits Labeled on the photo
I may be wrong with this prediction, but this harmonic looks good so lets see what happens My take profits are my 382 618 fibs
Ive already made plenty of money shorting from the D point. GBPCHF still has yet to hit my 618 take profit. This short aligns not only with my technical analysis, but is right below my 200 ema and thus is ready to head down. My analysis on bxy is bearish as well, and with this economic uncertainty in the air and pound weakness, this will be the move to take...
USDCAD shorts TP:1.30556 SL:1.33366 We shall see what happens