There has been a change in momentum on EURUSD, the trade position here is short to target 1.1630.
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I have closed all LONG positions on GBPUSD with good profit. I have noticed a change in momentum and will be going short here.
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Hello Traders, in my last position posts, i had shown that EURUSD will continue LONG and i expect a minimum target of 1.1910. There has been surrounding fundamentals that has disrupted this move including Trump/covid 19 and then at the moment China is on holidays so liquidity is not at its optimum.
I will be monitoring this pair closely to observe any change in...
Hello Traders, in my last position posts, i had shown that GBPUSD will continue LONG and i expect a minimum target of 1.3250. There has been surrounding fundamentals that has disrupted this move including Trump/covid 19 and then at the moment China is on holidays so liquidity is not at its optimum.
However, this move is overdue and i will be monitoring it closely...
Hello Traders, i promised to begin giving the best trading positions on other major pairs this week. This is my first on BTCUSD which is a clear LONG with a minimum target of 11900
Note: This move is in a channel so we should see a brief downward move to 10000 - 10300 which will not breach 9800 but afterwards it will go up to 11900 minimum.
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Over the years i have come across so many traders who prefer to post analytics in an either/or manner. Another way to see it is an IF ELSE strategy for those of us who are familiar with some coding.
Trading the FX markets is already inherently very difficult and i feel traders who post these either/or strategies do not help inexperienced traders, rather they...
Hello Traders, i promised to begin giving the best trading positions on other major pairs this week. This is my first on EURUSD which is a clear LONG with a minimum target of 1.1910
The range will be tested upwards and probably broken but we will have to see the price action after 1.1910.
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Hello Traders. I still have my GBPUSD LONG trade active. This has been a long and "boring" trade position, however we should see a BIG move this week.
Looking at my charts you can see my minimum target remains at 1.3250 and afterwards, we shall see what next.
I had promised to start giving updates on other major pairs but i had been very occupied last week. I...
LONG trade on GBPUSD still very active. I spoke about a downward squeeze which is possible and that seems to have happened. Now the minimum target upwards is 1.3250 but i won't be surprised if we get above 1.3350
I trade only GBPUSD.
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My GBPUSD LONG trade is very much active with minimum target still aiming at 1.3250 after which price action will determine next move.
I will start analyzing major pairs like EURUSD, USDJPY and BTCUSD from this weekend.
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This is my daily update on GBPUSD. The trade remains a LONG with minimum target at 1.3250. Will be looking out for price action after that point to determine an exit and a return to SHORTs.
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This is a daily update of my LONG GBPUSD position. FOMC later today may present a brief squeeze downwards but ultimately we go up to minimum target of 1.3250.
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With over 10 years experience trading the forex markets, i came to the conclusion that i only needed to trade ONE pair. I mean focus all my attention in analyzing effectively and efficiently ONE pair.
The opposing argument would be what about the need for diversification and risk management?
Well my answer is that i am well diversified enough trading one pair as...
This is an update from my long trade position from last week. Note, we "may" see a squeeze downwards and then a move upwards to at least 1.3250
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GBPUSD is testing a major support on the way downwards so we will see a push upwards for a short term LONG position. This does not in anyway nullify my previous short-medium term and medium term short positions.
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This is an update of an earlier trade position which is still active. Nothing has changed, GBPUSD will move to the minimum target at 1.2980 and then we will see 1.2810 depending on price action.
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