beautiful sell on Gbp/Jpy, Japanese Yen showed extreme strength during NFP . waiting for price to reach the order block before entering for the sell.
with major news ahead I moved my stop loss to break in profit but price continued to my take profit successful end of the week...
Had two sell positions on gold, these two positions closed my phase 1, 8% of a 300k account on my forex funds. i moved my stoploss to close in profits...
i was so close into getting out of this trade and just then the fed chair powell testimony drove my sell into my take profit and closed the 8% i needed very grateful ..
NFP - Bulls came into power, no trade for me ..
will price bounce off 162.000 before reaching the demand zone ??
i still think price will reach 149.000 before its wave to the upside
will continue to look for a opportunity next week with high impact news on Tuesday for the British Pound (GBP)
could also be a good sell at 162.000 lets see what the market brings...
lovely drop, unfortunately I didn't realise that it stopped me out with a little profit. with gold I usually try to move my stop loss either to break even or close in profit after a push down due to its volatility. Guess some profits are better then a loss right....
divergency melt to the downside
Possible drop too 155.500 to see if the market will break or pull, considering there is nfp new tonight expecting the drop to continute to 149.000 to wick that demand zone and continue bullish....
banks will take out buy orders at 155.500 stop hunt the orders/ I personally think tonight will have a lot of manipulations for people to buy and get stopped out till...
