GBPUSD Speculation - Long trade I have takenSo this is my Friday set and forget position...
I went off the GBPUSD T box with a small under-leveraged position, and if I am on the fairway come Monday I will think about either pulling out a 5 wood and swing again for down the fairway for more trim, if it really is far down the fairway on Monday by some news and returns looking pretty I will draw my 8 and go for the green....
We will see.
No indicators.... why?
Well TA doesnt help alot in the world of real money trading. And the best idicator is often Retail positioning. Retail is predominantly short on EURUSD and GBPUSD. Alot of the time retail is on the wrong side of the trend.
Of course I could be wrong, and many times I am. Over the last 12 months 62% of my long positions were winners, 55% of my shorts were.
I am not going to throw in figures and that stuff. Its easy enough for Traders to establish these.
Ok we see. Now let me look at BTC now.
