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Want to learn how to trade like the 1% for free?I learned how to trade in 2016, for 2 years I spent thousands of dollars on courses and mentors. The best teacher I had was NoNonSense on youtube ,and it was free! VP who is Anonymous doesn’t teach you what to do, but what not to do. I ve been reaching good results, and I believe its only right to spread awareness and help anyone who is ready to invest their time in learning with me. Feel free to message me for any advice. And remember I trade the nononsense way.
by anthonydoc7
2
GBPUSD Short Entry - But Be Careful! GBPUSD short. BXY potential weakness coming this week. DXY looking like it will gain some strength off the support trendline this week. However we do see the potential for GBPUSD to break to the upside for one more leg first! We have entered with our standard "small lot" (0.05 per $1,000 balance), however you may want to consider going half of that. -55pips SL +307pips TP GBPUSD was taken on a H4 chart & we’d give it a 70% probability for success. SL is pretty tight for the setup. We can easily see it moving one more leg up first (tapping our SL), keep all of this in mind. Consider going 0.02per $1K balance or less. You can always add to your position.
Short
by PipPhenes
EUR/USD Update: What's next for the pair?Hi traders, The EUR/USD pair lacked direction during this trading week but is likely going to close slightly higher. The recent push to the upside was fueled by weaker-than-expected US retail sales, which came in -16.4% vs -12% expected. The economic surprise index is still quite low for the US dollar, with a score of 3 out of 10, while positioning remains strong and bullish. Economic surprises in Europe are even more bearish with a reading of 2 / 10, and positioning remains very bearish as well. We'll update our positioning index as soon as the CFTC releases the new numbers. Correlations will be explained in the following trade idea. From a technical standpoint, the EUR/USD pair retraced at a strong support level, but bulls should remain cautious as any upside movements might be short-lived. We remain bearish on the pair on any short-term strength.
Short
by MujkanovicFX