GBPCAD Daily - As you can see i really dont feel bad for moves that happen without giving me a good setup. The reason why GBPCAD moved is because it touched a Weekly Keylevel. Weekly and Monthly levels are powerfull, giving massive 'bounces' in the market. Mostly they create and react to what i like to call "A Runner".. And thats what happend with GBPCAD on the Daily timeframe, a massive Runner was formed, meaning a marketshift is setting up. They can be traded but i prever them to happen without taking them, so we can counter them. Counter trading Runners are very very effective ways of trading and thats what very often gives me those very strong longterm trades 😉
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.