Market ended flat Friday night, I think the momentum from friday's parallel channel will hit the resistance again of 1.267 and breakthrough with new highs of 1.2725 - 40
I'm fairly new to trading so testing out ideas on metatrader demo before real trading commences.
I think the pound will be longed tomorrow.
We shall see what happens. Resistance has continually been broken. so a new resistance in place of 1.25
Very strong movements from the get go today, been watching the movements since 22nd Sept.
Decided to jump in with small lots.
Currently learning to chart, so excuse errors - learning the basics of ABCD and support/Resistance.
