In this live trading session video,we look at our open positions and the potential trades setting up for the week on GBPUSD,S&P 500,Brent Oil,Bitcoin and many more.
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Hey again traders!
Happy Monday and welcome to the new trading week!
Yesterday we released a post about Bitcoin explaining what we believe is happening and how we will be trading! Today we release yet another post this time detailing our strategy for the rest of the day when it comes to Bitcoin but also provide you with a key lesson on how you should approach...
EUR/JPY:
• If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If this setup doesn't present itself then I will simply wait until another setup which meets...
GBPCAD H1 - LONG
Another way we could look to LONG GBPCAD is if prices find support at this level, showing us strong bullish momentum.
After which, we could potentially play a limit order to catch a pullback trade as well. Same TP area, but with a different SL level. We will get to that again if this happens.
