Freemoney
Someone BROKE into my HOUSE.But it is ok as all they took is my wife, the house is alot quieter now so they have done me a favor... i am sure they will bring her back safe as she has a tendency to get on peoples nerves.
Looking at the charts we can see that price has failed to break resistance for the last 8 days and although price is currently at out trend line on its 3 rd touch we are expecting price to break through this level and make a run down to our support zone ( purple area ) Now we expect this to happen as DXY is looking rather weak towards the back end of last week and we can only see USD weakness.
Now obviously we will be keeping a close eye on this pairing and will be watching at market open to see where price opens but down is our bias!
We will also be looking at Oil as USD CAD and Oil have a reverse correlation so when one goes up the other normally comes down, you can use this to cross reference the trades.
Anyway im going to make the most of my free house before the robbers realize what they have stole and bring her back.... PARTY round mine anyone? hahaha.
My girlfriends HOT MUM.is your girlfriends mum HOT? Mine is so hot that i had to turn the heating off and tell her to take her jumper off! She must be going through the change.
GBP USD is shaping up lovely ready for the bears to take control and push price lower, we could see price push 300+ pips lower if technical analysis tops fundamental analysis, but as we all know the markets are highly manipulated by president Trump and his tweets so just keep a close eye on this trade, ideally we would like to see price touch and try to break through our TL before taking the short trade so we will be watching closely how price opens at market open.
This trade is defiantly 1 for your watch list next week.
I've just LOST £1 million!!!!Ever had that feeling of loosing a BIG trade? Blowing your account? Feeling down and out? We have all been there before and if a trader says they have never blown an account then they are talking rubbish!
I have just LOST 1 million.. I'm only joking but if I lost that much I would just brush it off and go again as trading mindset is the key in trading, do you need work on your mindset?
What has your biggest loss been? Comment below.
Now Gold is coming upto a key trendline and we are expecting some bearish movement off this level as price is also meeting key resistance so down we go.
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Gold has been very volatile this week and we have caught a few good trade on it and it has caught us out on a coupe of occasions, But now nearing market close we can see that price has just entered a strong support zone that we are expecting bulls to take over from the bears and push price higher, i wouldn't be surprised if market opens on Sunday night with a big gap to the upside as tensions between Trump, Turkey and Syria rise and we all know that when any uncertainty is seen between countries people rush out and buy gold as a safe heaven.
So if you have any trades open over this weekend just make sure they are in good profit because stop losses become invalid at market open, so if we do have a big market jump then price will jump straight over your stop loss without closing the trade.
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